Natcore contracts partners to set up solar cell production plants

(ADPnews) - Dec 6, 2010 - US solar cell maker Natcore Technology (CVE:NXT) today said it entered into three strategic partnerships with domestic firms to build solar cell manufacturing plants and to meet demand in the USA and abroad.

The company said that last week it signed memoranda of understanding with commercial construction firm Jacob White Construction, solar company Spire Corp (NASDAQ:SPIR) and recruitment firm Helium Resources in a bid to offer "fully built, equipped and staffed" facilities.

Under the agreements, Jacob White Construction will collaborate with Natcore in the construction of the plants and will provide consulting services, Spire Corp will outfit the new plants and train the personnel, and Helium Resources will recruit workforce.

Natcore said it has received requests from private and government entities from New Mexico, Singapore, Saudi Arabia, the Philippines and Brazil to utilise its liquid phase deposition (LPD) technology in the building of factories to produce silicon solar cells and assemble them into panels.

The company's LPD technology applies anti-reflective film on a substrate in a room-temperature chemical bath. The technology lowers manufacturing costs and makes the process of producing solar cells cleaner.

Choose your newsletter by Renewables Now. Join for free!