United Kingdom-based companies Verditek and Paragraf are partnering on a joint development program targeting new solar technology. The objective is to harness the significant potential advantages of graphene to improve the output of solar power generation over state-of-the-art cells and panels.
Dr Geoff Nesbitt, Verditek’s Non-Executive Chairman, commented, “This is an exciting development for both our organisations. The opportunity to apply the breakthrough graphene production technique developed by Paragraf to the Verditek solar cells moves us both to the cutting edge of the solar industry.”
The program will investigate, develop and verify the application of graphene to solar devices, imparting the advanced electrical and mechanical properties of graphene to solar cells to potentially realize a new generation of highly robust, ultra-light weight panels.
Paragraf’s new approach to two-dimensional materials, in particular graphene, developed at the University of Cambridge, enables highly reproducible, large scale production of these materials which are anticipated to change the marketplace. The ability to adapt properties for the end application and combine with industry standard device material gives the two-dimensional graphene the potential to improve today’s technologies.
Verditek has also secured terms for the delivery of the final piece of machinery to be shipped to Greenflex Energy’s new facility in San Marino, Italy.
Greenflex Energy Limited is a subsidiary of Verditek, indirectly owned via the Group’s 51 percent interest in Greenflex. The business is intended to generate revenues from the sale of ‘solar enhanced’ PV products such as roof tiles and facades. It has two solar PV production lines with a total manufacturing capacity of 50MWp of solar panels per annum.