THE WOODLANDS, USA: Management of Evolution Solar Corp. was pleased to learn that engineers at Princeton University have developed a new technique for producing electricity-conducting plastics, which could significantly reduce the costs of manufacturing solar panels.
University Professor Yueh-Lin Loo has invented a new plasticizing process that she hopes will obsolete the use of rare and expensive indium-tin-oxide (ITO) in solar cells.
The technique can be adapted immediately to substitute for the ITO used in solar cells, according to Professor Loo.
The researchers successfully overcame the pre-existing technical hurdles to produce plastics that are translucent, malleable and able to conduct electricity, which could lead to a broader use of the materials in a wide range of electrical devices.
“As technology advances and competition flourishes, we expect to see the cost of solar power to continually drop going forward,” stated Robert Hines, President of EVSO. “As time goes forward, we see solar power becoming more and more financially attainable for everyone.”
Funding for the Princeton University project was provided by the National Science Foundation, the W.M. Keck Foundation and the Arnold and Mabel Beckman Foundation.
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