Model of graphene structure. Author: CORE-Materials.
Cleantech company Verditek Plc (LON:VDTK) and graphene technology firm Paragraf Ltd have agreed to partner in the development of graphene-based solar cells and modules.
On Thursday the companies announced agreement of terms for a Joint Development Programme (JDR) to investigate, develop and verify the use of graphene in the making of high-performance solar products. As part of it, Paragraf's proprietary graphene manufacturing process will be combined with Verditek solar technology.
The advanced electrical and mechanical properties of graphene are expected to allow for the production of “a new generation of highly robust, ultra-light weight” solar photovoltaic (PV) panels, the partners said.
“The synergy of Verditek market disrupting solar cell design with Paragraf's revolutionary materials has the potential to dramatically advance today’s solar energy generation capabilities, providing a potentially market defining opportunity for the partnership,” said Simon Thomas, CEO of Paragraf. The company uses technology developed at the University of Cambridge for the highly reproducible, large-scale production of two-dimensional materials, such as graphene.
Verditek noted that it has secured terms for the delivery of final pieces of manufacturing equipment to the new facility in San Marino, Italy of its 51%-owned subsidiary Greenflex Energy Ltd. The plant will produce lightweight flexible solar panels, for projects where performance and design are equally important.