Global Photonic Energy Corporation (“GPEC”), a world leader in the development of Small-Molecule Organic Photovoltaic (SM-OPV™) technology that will enable ultra low-cost solar power generation and exciting new product capabilities, said today that its research partner Dr. Stephen R. Forrest, Vice President for Research at the University of Michigan, has secured a $1.5 million grant from the U.S. Department of Energy’s (DOE) SunShot Initiative. The grant was awarded in the “Transformational PV Science and Technology: Next Generation Photovoltaics II” category. Additional cost-share is being provided by the University of Michigan.
Dr. Forrest’s research program will further advance the development of next generation organic solar cell technology using GPEC’s proprietary small-molecule systems incorporated in a stacked architecture. Dr. Forrest is a sponsored researcher and scientific advisor of Global Photonic Energy Corporation.This award is a further endorsement of the research that Dr. Forrest conducted under the DOE’s “Transformational PV Science and Technology: Next Generation Photovoltaics I” program awarded over three years and now coming to a close.
GPEC’s SM-OPV™ technology will generate sustainable, clean electricity using lightweight and low-cost solar cells, going far beyond today's heavy, silicon-based cells that remain expensive to produce. GPEC’s SM-OPV™ technology can be applied to virtually any surface using a room-temperature technique similar to spray painting. Production methods of this sort are easily adaptable to batch, continuous and so-called “roll-to-roll” manufacturing processes and hold the promise of dramatically reduced production costs. In addition, the Company’s technology can be deployed to address a variety of exciting application needs including transparent solar windows, power-generating car paint, battery charging smart phone enclosures and solar powered fabric.About Global Photonic Energy Corporation
Phil Allen | Global Photonic
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