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Hello JFSAG Board ,
NTCXF, or NXT.V, is rolling out their LPD process for applying the antireflective coating on silicon solar cells by the end of the year. NTCXF is not a panel manufacturer. NTCXF is 50% off it's 52 week high! The LPD process has many applications, outside of solar, with huge end markets!
I think the future of solar energy capture will evolve using Natcore Technology's disruptive Liquid Phase Deposition process. Natcore has made great strides over the last 12 months. Once fully developed, this technology will double the output of solar panels, dramatically reduce their cost, and eliminate the need for solar subsidies.
The last link contains extensive information regarding Natcore Technology, it's impressive management team and scientists, and numerous short term catalysts. Please read more:
Hello Billionaire Boys Club,
NTCXF, or NXT.V, is rolling out their LPD process for applying the antireflective coating on silicon solar cells by the end of the year. NTCXF is not a panel manufacturer. NTCXF is 50% off it's 52 week high! The LPD process has many applications, outside of solar, with huge end markets!
I think the future of solar energy capture will evolve using Natcore Technology's disruptive Liquid Phase Deposition process. Natcore has made great strides over the last 12 months. Once fully developed, this technology will double the output of solar panels, dramatically reduce their cost, and eliminate the need for solar subsidies.
The last link contains extensive information regarding Natcore Technology, it's impressive management team and scientists, and numerous short term catalysts. Please read more:
Hello 10-Baggas Factory,
NTCXF, or NXT.V, is rolling out their LPD process for applying the antireflective coating on silicon solar cells by the end of the year. NTCXF is not a panel manufacturer. NTCXF is 50% off it's 52 week high! The LPD process has many applications, outside of solar, with huge end markets!
I think the future of solar energy capture will evolve using Natcore Technology's disruptive Liquid Phase Deposition process. Natcore has made great strides over the last 12 months. Once fully developed, this technology will double the output of solar panels, dramatically reduce their cost, and eliminate the need for solar subsidies.
The last link contains extensive information regarding Natcore Technology, it's impressive management team and scientists, and numerous short term catalysts. Please read more:
CONGRATULATIONS TO NATCORE MANAGEMENT AND SHAREHOLDERS
We now have a fully operational lab:
Hello Dom,
China banning solar panel exports is just conjecture at this point. I think it is more likely that they ban CVD furnaces. Tom said that domestic demand in China will be huge and that China is concerned with the pollution from solar manufacture and the social unrest it is causing. These items have raised the possibility that panel exports will be banned. It's good that Natcore identifies possibilities ahead of time in order to not get caught with their pants down.
It has become apparent that the China JV agreement is very flexible. Natcore needed a Chinese partner in order to gain patent protection in China, and to facilitate sales in China. The Chinese government jumped on board and added Chuangke Silicon Ltd to the partnership. Chuangke assisted in the patent filing process and was suppose to be the first AR-Box buyer. The Chinese government dropped Chuangke from the JV when they assigned TLNZ Solar to be the first customer. The Chinese government then added Zhuzhou Smelting Group as a partner. They coat lead to make zinc. They are certainly not qualified to build the comercial version of the AR-Box. This leads me to believe that the China JV will only be a sales office for AR-Boxes and refillable chemical cartridges. The first AR-Box wasn't built in China, the next 2 won't be built in China, and Tom Scarpa has stated that Natcore can build the AR-Boxes in Europe, or America, if they choose. The JV agreement states that Natcore China has exclusive rights as long as they meet pricing and quality control standards. Natcore's original vision of the AR-Box described it as something to the effect of readily available semiconductor cleaning tubs. The present, sophisticated, AR-Box has put it out of reach for The JV's quality control standards in my opinion. One more point reflecting the dillution of the JV. This PR speaks of the search for several scientists and lab technicians for Natcore Technology (Zhuzhou). Natcore has opted for a lab at Kodak's Eastman Park.
http://tmx.quotemedia.com/article.php?newsid=34578312&qm_symbol=NXT:CA
I could be wrong, but I think that Natcore has decided that limiting the JV to a sales office is the best way to go.
JB
Hello futr,
A little more on the black silicon licensing. Tom said the agreement papers are at the lawyers now for approval.
During their trip to Italy, Provini, Dr. Flood, and Dr. Barron explained everything Natcore has to offer to 3 panel assembly manufacturers and MX Solar. These four companies have comitted 3 million euros each to manufacturing their own solar cells for use in their panels. Tom said the plant for cell production is already existing. IMO, the Italian government involvement is probably tax incentives. Tom did not know what the government's role is.
Natcore's trio were introduced to Ferrania Solis(FS) by MX Solar. Tom said that Chuck speaks some Italian, which went over well. It's good to see that FS is interested enough to come to the U.S. next week already. FS's interest may lead to roll-to-roll funding. Their interest may also nudge Kodak to commit to funding. It appears to me that Natcore is anxious to accelerate their research and development as long as they can get funding on their terms. It's also interesting that SF's visit coincides with Natcore's meeting with the Rochester Economic Development Committee.
Natcore is very confident they will have tandem cell products. They feel that proving the black silicon/passivation and wafer AR-coating processes will make potential partners more confident.
Tom said that the tandem cell research at Rice U. is full time now that school is back in session.
Congradulations to Dr. Barron for being named a finalist for a World Technology Award. Next, a Nobel Prize for the tandem solar cell?
Best,
JB
PV Installations To Soar in Second Half of 2011
http://www.renewableenergyworld.com/rea/news/article/2011/09/pv-installations-to-soar-in-second-half-of-2011?cmpid=WNL-Friday-September23-2011
JB
I had a lengthy conversation with Tom Scarpa today.
First of all, MX Solar is not at the lab training this week. MicroTech is at the lab giving AR-Box training to the 2 scientists who used to work in the Ohio State U. lab. Sorry for the mix up.
Michelle said she would try to post the lab pictures, taken by Kodak, on Facebook and the website.
The first wafers run through the AR-Box will not be black silicon wafers. Natcore is in the final stages of licensing the black silicon discovery process from NREL. Tom said the cost will be minimal. Also, Tom said that Natcore's LPD process is what makes the black silicon commercially viable, instead of a lab project.
My suspicion that a licensing agreement would be needed came from this statement made in a 4/14/11 Natcore PR: Because of the great potential offered by black silicon solar cells, Natcore is currently in discussions with the NREL as well as industry groups to refine and accelerate Natcore's advances in this area.
http://tmx.quotemedia.com/article.php?newsid=40328748&qm_symbol=NXT:CA
The industrial versions of Natcore's AR-Boxes will have the ability to process black silicon. I asked if the LPD process chemical solution was mostly water. Tom stated that it was almost all deionized water.
Phono Solar has some issues in Europe to deal with. Their US visit has been pushed back 2 weeks. Tom said this delay is fortunate, as it will give Natcore time to be better prepared for Phono's visit.
Natcore's MX Solar dealings also involve other Italian solar panel assemblers and the Italian government. These assembly companies want to jointly produce their own cells. This could be a bigger deal than we expected.
Natcore still expects AR-Box sales before year end.
During their trip to Italy, Provini, Flood, and Barron were introduced to Ferrania Solis S.r.l., an Italian solar manufacturer, whose parent company owns the 'Kodak' of Italy. Tom said they are very interested in Natcore's roll-to-roll ambitions (and they have money). They are coming to the US next week. http://www.ferraniasolis.com/en/about-us
Tom revealed Ferrania Solis as part of his response to my question asking what, if anything, is being done on the research funding front. He also said that He and Chuck are meeting with the Rochester Economic Development group next week.
I also asked for the reply Natcore gives to potential customers when they ask for a tandem cell timeframe. Tom stated that Natcore's reply is,"if you invest in our research and development now, you will have the tandem cell sooner and it will cost you less".
I asked Tom if Natcore has given much thought to funding their research themselves. He said, of course, however, Natcore's plan is to accelerate the development of their silicon based and flexible tandem cells and bring them to market as soon as possible.
This next item really caught me off guard. Tom said there is a possibility that China will ban solar panel exports. This ban would largely be due to China's expected domestic demand. If this happens, think of the expansion at non-China solar plants.
Remember, everything I've written is subject to change, unless it becomes part of a Natcore PR.
I am very happy with what I learned today. IMO, the next few years are going to be very exciting.
JB
Hi donfig47,
The link in the email won't open for me either. Kodak gallery comes up but that's it. I tried to open it with firefox but no luck. I think we need a new link. I'll call tomorrow.
JB
dmssln,
This article speaks of solid waste from wafer production:
http://www.chinadaily.com.cn/china/2011-09/20/content_13739338.htm
From another article: One 64-year-old villager told the Associated Press that the factory - located close to a school and kindergarten - discharges waste into the river and spews dense smoke out of a dozen chimneys.
The dense smoke may have something to do with the CVD furnaces and probably contains silane.
http://www.bbc.co.uk/news/world-asia-pacific-14963354
NATCORE EMAIL
Dear Jim,
I have attached a few pictures sent to us by Kodak that reflect the installation progress of Natcore’s AR-Box. The installation will be completed Wednesday and training of our personnel begins on Thursday. We will be fully operational on September 26th.
We will immediately begin to refine and optimize two of our most advanced applications, black silicon/passivation and reflection/refraction indexes for the antireflective coating of solar cells.
We feel the black silicon application could increase solar panel output by 10-15%, while the antireflective coating process will meaningfully reduce the current cost of the antireflective coating while also greatly reducing toxic waste.
Once we have had a chance to integrate our application into our new machine, we will be able to have actual solar cells made and test efficiency results, reflectance percentages and power outputs. We then can public actual results to potential customers. We have already received interest from potential customers for machines once we display the actual process. This is a very exciting time for Natcore and a quantum step towards commercialization.
http://www.kodakgallery.com/gallery/creativeapps/slideShow/Main.jsp?sourceId=533754321803&cm_mmc=Share-_-Personal-_-Email-_-Sharee-_-View&_requestid=362628
Best Regards,
Charles R Provini
President & CEO
Art2004, BINGO!
Kungfu1, I have contacted RenewableEnergyWorld editors and contributing authors. I asked the editors to highlight Natcore's less costly, cleaner, and more energy efficient LPD process in the wake of the pollution related Chinese protests at JinkoSolar. I sent everybody the whole Natcore story.
JB
MX Solar is mentioned in this article:
http://www.renewableenergyworld.com/rea/news/article/2011/09/pure-fantasy-on-green-manufacturing-solar-jobs-and-the-mainstream-media?cmpid=SolarNL-Monday-September19-2011
TV audiences will get different view of solar:
http://www.renewableenergyworld.com/rea/blog/post/2011/09/tv-audiences-will-get-different-view-of-solar?cmpid=SolarNL-Monday-September19-2011
JB
dom, I think we hear something real soon.
Last week, Tom Scarpa said that MX Solar's employees would be at Natcore's lab this week learning how to use the AR-Box. Next week Phono Solar's CEO and CTO will visit the lab and Rice University.
There are always so many things that have to be investigated and worked out before deals can be signed. Look how long it took for the first JV to be finalized.
Furthermore, to your point of announcing the end of testing, I don't think Natcore would announce that until all the details are worked out. Such as, who owns the rights to the process for etching wafers to produce black silicon? NREL discovered that etching thousands of tiny holes in a silicon wafer causes it to be almost black:
http://inhabitat.com/new-black-silicon-solar-cells-are-cheap-and-absorb-more-sun/
This may require a licensing agreement. Maybe not, but, I think it does. If so, the details are probably close to being worked out. Natcore has been talking about using black silicon for some time. This could be an example though, that illustrates how things aren't always as simple as they seem.
This news sent Jinko Solar down 28% today. Bloomberg television ranted all day long how solar stocks were getting crushed as a result of this news. Actually, it should have been construed as good news for Natcore, with it's greener technology:
http://www.bbc.co.uk/news/world-asia-pacific-14963354
JB
Gold55, I agree that having the patents to market what Natcore is confident they can develop is a big deal. I'm not concerned with what is going on with other companies. Actually, having a blockbuster competing product in development might accelerate Natcore's product launch. We're not dealing with all or nothing here. A tandem cell product will land Natcore at least 10% of a market that will be at least 10 times the size of todays market because solar will be the cheapest form of energy (add in electric vehicles and tomorrow's solar market might be 100 times the size of today's). 10% of tomorrow's market will be equal to at least the whole market today. Should a solid competing product not surface, well, that's better yet.
I'm trying to not take a day to day, news piece to news piece view of things. If the share price falls to deeply oversold again, good, I'll buy more. If the share price goes higher, good, it may help Natcore obtain a better funding deal. I've convinced myself that I should hold my shares for at least 5 years due to the potential for solar and all of the other applications. It makes no sense for me to fret over today's news or share price movement.
Good luck to all of us and may all of us enjoy owning Natcore shares.
JB
Gold55,
They were able to make solar cells with power conversion efficiency up to 6%. I think it was hardly worth reporting, but I'm not a chemist. Natcore has said that something will come out of universities every week. If you email this info to scarpa@natcoresolar.com, Tom will ask Dr. Flood to comment on it.
JB
It's comical to see people display gadgets that defy the laws of physics. The last one I saw claimed cold fusion. I read that experts believed the cold fusion claim was actually a chemical reaction that produced a temporary boost in power. I have no way of knowing for sure if these gadgets work or not, but I doubt it.
Siemans pulls plug on nuclear reactors:
http://www.bloomberg.com/news/2011-09-18/siemens-stops-building-nuclear-reactors-as-germany-pulls-atomic-power-plug.html
Jb
This is the first person to tell me he follows Natcore.
Date: Sat, 17 Sep 2011 16:22:35 +0000
Subject: Re: Natcore Technology
From: bigpictureguy@gmail.com
To: jbjurstrom@live.com
Thanks for the info. I cover the company in my Big Picture Speculator newsletter.
Jim Letourneau, P.Geol.
403-815-3603
http://www.jimletourneau.com/
Happy to hear there's some coverage out there.
JB
That was a great quantum dot, roll-to-roll article. Good to see that Dr. Flood is confident it will happen. Love the "paradigm shift" statement.
I added the article to my get the Natcore story out contact message in the last post.
I have already contacted 130 investment firms. Still working on it.
JB
Hello Investment Team,
I think the future of solar energy capture will evolve using Natcore Technology's disruptive Liquid Phase Deposition process. Natcore has made great strides over the last 12 months. Once fully developed, this technology will double the output of solar panels, dramatically reduce their cost, and eliminate the need for solar subsidies.
The last link contains extensive information regarding Natcore Technology, it's impressive management team and scientists, and numerous short term catalysts. Please read more:
Venezuela, same thing. Might be why Natcore wants it's roll-to-roll products manufactured in the states.
JB
The Chinese patent applications are filed by Natcore/China. The Chinese patent office gave the OK to the JV to have patent protection. Natcore owns 55% of the JV.
I think the Chinese government wants international companies to invest in, and have operations in China. GE, Applied Materials and many other companies do a lot of business in China and they have operations in China.
It seems that there are rules, if you don't play by the rules, then you lose.
JB
The point I'm trying to make is that Natcore's patent protection filings were filed by a Chinese company, and assurances were given that they will be honored.
Could there be trouble down the road, sure. In America, the government files anti-trust suits against companies. NO business is entirely safe ANYWHERE in the world.
Natcore is doing everything they can to protect themselves.
JB
Unfortunately, the 10-K says nothing about a Chinese partner filing for the patents in China. Provini stated that Natcore would need to partner with another Chinese firm in order to have patent protection, in China, for their roll-to-roll products. Natcore's management is very sharp.
JB
Makes me wonder if AMSC filed for patent protection in China.
At Natcore's AGM, Provini gave the possibility of stolen technology quite a bit of time. He said, patents are only good in China if they are filed by Chinese companies. Natcore/China has filed duplicate patent applications in China, and has been assured by the Chinese patent office that they will be honored.
AMSC would have had to partner with a Chinese firm in order to file for patent protection in China and be assured that it would be upheld. There is a good possibility that they did not do this. It could be tough for AMSC to win their claim for arbitration. AMSC may have to seek help from the WTO. How much that would help, I don't know.
Natcore is on top of this situation!
JB
Hello Investment Team,
I think the future of solar energy capture will evolve using Natcore Technology's disruptive Liquid Phase Deposition process. Natcore has made great strides over the last 12 months. Once fully developed, this technology will double the output of solar panels, dramatically reduce their cost, and eliminate the need for solar subsidies.
The last link contains extensive information regarding Natcore Technology, it's impressive management team and scientists, and numerous short term catalysts. Please read more:
Thanks for posting the good news!
I need to write a new post, for coping and pasting, reflecting this news. That will be my next post.
JB
Thanks Art, there definitely has been a lot of interest shown.
I have sent info to 15 Micro-Cap Funds (which is all I have found so far) and 15 VC Funds. I have decided to switch my focus from VC Funds to Hedge Funds. There are thousands of them.
Check out this reply from Australia below my response:
Hello Ken,
Thank You for reviewing the information I sent you.
I am an individual investor that has been inspired by the credentials of Natcore's management and scientific team, and by Natcore's disruptive technology. I view Natcore as an outstanding investment destination for seed money and open market share purchases. NXT.V on the Canadian Venture Exchange and NTCXF.PK. Natcore is currently trading at $.75. The 52 week high/low = $1.25/$.48.
From the last link I provided to you; Natcore has many short term positive catalysts as well as their longer term "Holy Grail" tandem cell products (tandem cell on a silicon wafer and flexible thin-film roll-to-roll tandem cell) (approximately 3 years).
Here is another informative video:
Hmmm, the link in the post works for me.
I'm starting to get feedback, regarding the info I've sent to Micro-Cap portfolio managers and Venture Capital Funds, thanking me for the information. It's good to see that they are taking the time to look at the Natcore information.
Also, please check out the comments section of this article that I received this morning.
http://www.renewableenergyworld.com/rea/news/article/2011/09/the-asia-report-will-asia-maintain-its-edge#readercomments
JB
Tom Scarpa response to my email.
Because of oversight from the Exchange, we try to avoid anything with revenue projections in them. We think those projections are doable but the Exchange frowns on any mention of them.
Good idea, we just don’t want to do anything to incur a problem at the Exchange.
Tom
From: James Bjurstrom [mailto:jbjurstrom@live.com]
Sent: Monday, September 12, 2011 12:09 PM
To: Tom Scarpa
Subject: FW: Attn: Greentech Investment Team RE: Natcore Technology
Good Morning Tom,
This is what I have been sending out to VC Funds. The video that contains Chuck's $800,000,000 revenue projection, for 10% market share, is a real jaw dropper. Please consider emailing that video link to the shareholders.
Thanks,
Jim
From: jbjurstrom@live.com
To: greentech@kpcb.com
Subject: Attn: Greentech Investment Team RE: Natcore Technology
Date: Mon, 12 Sep 2011 10:49:58 -0500
Good Morning Greentech Investment Team,
I think the future of solar energy capture will evolve using Natcore Technology's disruptive Liquid Phase Deposition process. Natcore has made great strides over the last 12 months. Once fully developed, this technology will double the output of solar panels, dramatically reduce their cost, and eliminate the need for solar subsidies. Please read more:
I posted the last post so that I can copy and paste it in my emails to Venture Capital Funds. I added a link in which Provini talks about funding. I also added the word 'capture' after solar energy.
Good Day,
JB
I think the future of solar energy capture will evolve using Natcore Technology's disruptive Liquid Phase Deposition process. Natcore has made great strides over the last 12 months. Once fully developed, this technology will double the output of solar panels, dramatically reduce their cost, and eliminate the need for solar subsidies. Please read more:
http://www.pv-tech.org/news/natcore_rice_university_team_makes_progress_on_next_generation_quantum_dot
http://tmx.quotemedia.com/article.php?newsid=40248992&qm_symbol=NXT:CA
http://tmx.quotemedia.com/article.php?newsid=41777039&qm_symbol=NXT:CA
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66978691
The future of solar energy is looking brighter!
The previous post is designed to be copied and pasted in the comments box below solar energy articles. Please feel free to use it if you wish. Or, comment with something else. Please help with the campaign to make people aware of the Natcore story.
It's best to comment as close to the article release date as possible.
JB
I think the future of solar energy will evolve using Natcore Technology's disruptive Liquid Phase Deposition process. Natcore has made great strides over the last 12 months. Once fully developed, this technology will double the output of solar panels, dramatically reduce their cost, and eliminate the need for solar subsidies. Please read more:
http://www.pv-tech.org/news/natcore_rice_university_team_makes_progress_on_next_generation_quantum_dot
http://tmx.quotemedia.com/article.php?newsid=40248992&qm_symbol=NXT:CA
http://tmx.quotemedia.com/article.php?newsid=41777039&qm_symbol=NXT:CA
Good find impar,
I hope Provini is being conservative as well.
We now have 3 estimates for the time needed until tandem cell commercialization:
Chairman; Brien Lunden forecast 20 - 40 months at the AGM in June
CEO; Chuck Provini forecast 36 - 60 months this month
CTO; Dr. Flood forecst 24 - 30 months last May
I hope the scientist that's working on the project is right. We may get more clarification once the funding is done.
JB
Hi westeffer,
Glad to hear that you and others, including me, took advantage of this price decline. I think we were fortunate to have the pull back for adding shares.
I'm going to call Tom Scarpa Monday. I'll ask him to consider emailing Chuck's video link to the shareholders. I can't imagine that too many have seen this video.
If he does email it, I think the selling will dry up, and buyers will have to pay up for shares. If I didn't have so much already, I would buy more due to Chuck's $800,000,000 revenue projection and the flexible thin-film tandem cell news.
It is interesting that at $100 per 300 watts, Chucks $800,000,000 revenue estimate is right on 10% of the average silicon pv wattage projection for 2014. Dennis Flood told me last May that he thought the tandem cell could be commercialized in 24 months. So, hopefully we'll see it on the market in mid 2013, and Natcore will grab a 10% market share in 2014.
I asked Scarpa if he thought that the silicon tandem cell research would be scaled back after the flexible thin-film tandem cell news release. He said no, with Rice U. and the Kodak lab, Natcore can work on both.
I love typing that $800,000,000 number. Even better though is my expectations for a very high net income %. I look at it this way:
Only 20 employees, including the lab.
Natcore has to provide the chemicals, but they are readily available.
Almost all of the chemical bath solution is water.
Natcore has to provide the quantum dots.
I think that taxes will be by far their largest expense. Without taxes, Natcore's net income % might be 90-95% once revenue hits $800,000,000. I believe that we will find out if I'm close.
JB
Thanks MrC,
You're right. I plan to pass his email on to many myself.
Thanks ck and everyone else for your comments.
ck, please post the Company email link on Stockhouse:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66978691
I am very happy to have the letter in the contents of a Company email. I feel that it has more credibility now when viewed by recipients.
While Natcore didn't publicly state that they agree with my statements and calculations, they didn't ask me to remove them. Also, Dr. Flood said that he was impressed with the accuracy of the letter.
What a week!
Natcore Scientists Prove Feasibility of All-Quantum-Dot Tandem Solar Cell
Could Double Power Output, Dramatically Reduce Costs
If Natcore commercializes the flexible thin-film roll-to-roll tandem cell (I'm confident that they will), I am now more confident that it's likely that Natcore will realize $333,000,000 of revenue for each gigawatt of product manufactured, or $3,333,000,000 for each 10 gigawatts. With the tandem roll-to-roll being less expensive to produce than the silicon tandem cell, net income %'s of 50-60 would not surprise me. At 55% net income, Natcore would realize $181,000,000 of profit per gigawatt, or $1,810,000,000 per every 10 gigawatts. This figure is well on the way to the predicted "unfathomable". These revenue figures are based on a mere $100 per 300 watts of tandem cell production (from the Company email).
Also, from the Company email: