Potential Precursor to Flexible, High Efficiency Tandem Solar Cell

RED BANK, N.J., Feb. 17, 2015 /PRNewswire/ -- Scientists working with Natcore Technology Inc. (TSX-V: NXT; NTCXF.PK) in the Rice University laboratories of Prof. Andrew Barron, a Natcore co-founder, have successfully formed a heterojunction solar cell using germanium quantum dots on an ordinary n-type silicon wafer.

Individual germanium quantum dots were coated with silicon dioxide (silica), doped to make them p-type, and then deposited, using Natcore's liquid phase deposition (LPD) process, on a commercial-grade silicon wafer. The LPD process was developed at Rice and is licensed exclusively to Natcore.

"Very simply put, we used our proprietary process to 'dope' silica-coated germanium quantum dots and arrange them in a silica film atop a commercial silicon wafer. We then put contacts on the coated wafer to create a cell, and exposed it to light. We obtained a net power out of the device," says Dr. Dennis Flood, Natcore's Chief Technology Officer and also a company co-founder.

Quantum-dot solar cells have the potential to be transformational for terrestrial solar energy, with efficiencies far above anything available commercially today.

The advantage lies in the fact that by carefully controlling the size of the quantum dots, the cell can be "tuned" to capture energy from a specific spectrum of light. The portion of the spectrum not captured passes to the next layer below, where it can then be captured by either a specifically tuned lower quantum-dot cell or even an ordinary silicon cell.

Thus, using "multijunction" or "tandem" cells with two or more layers of quantum-dot cells, much more of the solar spectrum can be converted to energy. In contrast, current single junction solar cells are most efficient for only a limited portion of the solar spectrum.

"To our knowledge, no one else has been able to successfully dope and arrange silicon or germanium quantum dots into layers using a process such as Natcore's, which appears to be ideal for mass production," notes Flood.

Tandem solar cells are a proven technology in space applications. The major issue preventing their broad use in earth-based applications has been the need to use exotic semiconducting materials for the upper layers.

The cell created in Dr. Barron's laboratory for Natcore uses relatively abundant and inexpensive germanium, with the coated quantum dot having been characterized as a "p-type" material.

This heterojunction cell, with p-type quantum dots on an n-type silicon wafer, is an important step toward a cell in which quantum dots are used to form both the p-type and n-type materials. Once this next step is achieved, it will open the door to potential ultra-high-efficiency, multi-junction solar cells.

"This is a truly exciting time for Natcore and our shareholders," says Chuck Provini, Natcore's president and CEO. "We are one step away — n-type quantum dots — from our ultimate goal in our quantum dot solar cell program.

About Natcore Technology

Natcore Technology is focused on using its proprietary nanotechnology discoveries to enable a variety of compelling applications in the solar industry. Specifically, the company is advancing applications in laser processing, black silicon and quantum-dot solar cells to significantly lower the costs and improve the power output of solar cells. With 64 patents (21 granted and 43 pending) Natcore is on the leading edge of solar research. www.natcoresolar.com

Statements herein other than purely historical factual information, including statements relating to revenues or profits, or Natcore's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in Natcore's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, Natcore expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.

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Contact:
Chuck Provini
732-576-8800732-576-8800

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SOURCE Natcore Technology Inc.