Quantum Materials Corp. (fka QTMM)

[FreeGrass]

Solterra Mission And Developments

Mission
Our mission is to become the leading producer of third generation photovoltaic cells (solar cells) through the use of Quantum Dots.

Vision
At Solterra Renewable Technologies, Inc., our technology will make it possible to deliver grid-parity solar electricity. By setting the standard for solar technology with distinctly superior cost and capital efficiency, we will strive to be the world's largest solar energy technology company.

Goal
Our goal at Solterra Renewable Technologies, Inc. is to uses our robust IP portfolio in third generation photovoltaic materials and solar cell processing technology to produce the lowest priced solar power available today.



The new Q.D. production technique, developed by Dr. Michael Wong of Rice University has been acquired by Solterra Renewable Technologies, Inc. By applying this proprietary, low cost production technology to the manufacture of Q.D.'s and applying it to Solar Energy Cells, the cost of solar generated electricity is reduced to little more than grid price at today's electricity prices…and with Grid prices expected to increase by more than 50% over the next five years, energy using the Quantum Dot Technology will not only cost less but can also be good for the environment!

Quantum Dot Solar Cells have extremely high potential efficiency, having demonstrated the production of multiple excitons from a single electron. This phenomonon is the key to exponential increases in conversion efficiency. Quantum dot solar cells also have the ability to harvest light energy in the infrared and ultraviolet spectra leading to better low light collection efficiency and the potential to continue harvesting energy even when little or no visible light is present.

Solterra's Solar cells will come to market competitively priced with the opportunity to reduce prices even further as economies of scale come into effect. Additionally we believe our quantum dot manufacturing capability and print based cell manufacturing process will enable the rapid deployment of additional manufacturing sites across the globe.

Using proprietary technologies, Solterra Renewable Technologies, Inc. will manufacture very low cost solar cells utilizing Q.D. Technology…(less than half the price of competition). Proprietary Q.D.’s are a primary ingredient in Solterra Renewable Technologies, Inc.’s solar cells. "Our work knocks down a big barrier in developing quantum dot-based photovoltaics as an alternative to the conventional, more expensive, silicon-based solar cells,"

Solterra has initiated its operations by marketing its quantum dot production at a cost of $1,000 a gram vs. the $2,000 a gram charged by others, to research and development laboratories. It sees a strong demand for this product from R&D arms of manufacturers of electric light bulbs, electronic equipment, particularly screens for computers, TV, advertising displays as well as a variety of medical uses. source

The solar industry continues to grow steadily as costs for solar systems decline in the expanding markets for renewable energy. Since the late 1990s, the market for solar energy has grown at an annual rate of 20%. The solar industry estimates that growth rates above 25% annually are possible, resulting in a $27 billion market by 2020. With technological innovations lowering costs and increased market growth leading to new jobs and export opportunities, solar energy can become a major high-tech growth industry that contributes significantly to our economic growth and improves our trade balance.

Solterra’s solar cell manufacturing operations, which is expected to be launched in 2010, will be selling its production to manufacturers of solar panels. There are some 25 companies and the demand for solar cells currently exceeds the supply. Implementation of global “20% of energy by renewables by 2020” goals will send demand for solar dramatically upward.

To make this vision a reality, Solterra is increasing its production of quantum dots to 100 kg per day and implementing a highspeed production line for printing solar cells at a rate of 300 m2 per minute. We have also initiated plans to supply solar cells to a 1 GW solar farm in the Middle East that will supply both regional and European energy grids with a target date of 2015.

Direct sales of quantum dots for non-solar applications will be made to provide cash flow to the company for ongoing operations and expansion. The net cost to manufacture the quantum dots is significantly less than other quantum dot manufacturers.

The Solterra Story Video Presentation