Konarka plans first US TiO2 solar module production in 2003

Konarka Technologies Inc., which intends to begin the first US-based commercial manufacturing of dye-sensitized titanium-dioxide (TiO2) solar modules in 2003, says it raised $3.5 million of additional funding in a second financing round, completed during the first quarter of 2002.

 

© Konarka Technologies

To dye for: A computer-generated image of Konarka's new dye-sensitized cell on a flexible plastic substrate.

According to Paul Wormser, president and COO, the cells will be manufactured at room atmospheric pressure and below 150°C on flexible plastic substrates, using a non-liquid electrolyte. Lowell, Massachusetts-based Konarka, which grew out of polymer engineering research at the University of Massachusetts, currently has a working module that it is testing in-house. Wormser, who would not reveal the anticipated production cost per watt, also declined to specify the efficiency, saying only that it is »quite attractive and very competitive.« He says the company already has a »multi-watt« production machine, which will be installed in the autumn and put into production by the end of the year.

Wormser expects the first application to be with wireless electronic devices, but not cell phones. He foresees commercial manufacturing being taken over by partners »with channels into those [wireless electronics] markets.« Roof applications would come later, probably in 2004, after module testing and certifications have been completed.

Michael Graetzel, inventor of the TiO
2 cell, who would have to license Konarka before commercialization, is a member of Konarka's advisory board. The company also has a curious connection to Evergreen Solar Inc., the manufacturer of string ribbon modules based in nearby Marlboro. Another of Konarka's advisors is Jack Hanoka, Evergreen's chief technology officer. And Zero Stage Capital, a Cambridge, Massachusetts-based venture capital firm that provided Konarka with $500,000 in seed money when it started up in Aug. 2001, was an early Evergreen investor. Zero Stage's Bic Stevens sits on Konarka's board.

Wormser says Konarka, which raised $1 million in its first funding round, will definitely need more money »before the company can continue to grow on its own income stream.«
.
 

William P. Hirshman
© PHOTON International, May 2002