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Solar3D Completes Third Generation Working Prototype

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With 3D light trapping prototype complete, the Company is now searching for a manufacturing partner


Santa Barbara, CA – July 24, 2014 – Solar3D, Inc. (OTC: SLTD), a leading solar power company and the developer of a proprietary high efficiency solar cell, today announced the successful fabrication and operation of the working third generation working prototype of its 3-dimensional silicon solar cell.
Dr. Changwan Son, Solar3D’s Director of Technology, commented, “We are pleased to have completed our next prototype. We are very encouraged by our lab results and have concluded that it is time to prepare to take the next step toward commercialization by working with a manufacturer partner.”





“Our technology team has worked very hard on this product,” said Jim Nelson, CEO of Solar3D. “Two powerful characteristics of our 3D Solar Cell make it superior to current technology. First, it is substantially more efficient in producing power. Second, is our wide-angle light collection feature, which allows our 3D Solar Cell to collect light at all times of the day, month and year, an attribute unique in the solar world. Our early computer simulation analysis indicated that the combination of these two features would produce double the power of a conventional solar cell.



Our early indication is that we will be able to meet that ambitious goal. This device could be a giant leap forward, allowing solar power to achieve grid parity.”





Dr. Son continued, “Our mandate was to create a solar cell that would produce substantially more power than the current technology at a low enough cost of production to deliver a considerably lower cost per watt of solar electricity. Now, we intend to partner with a manufacturer who can take us to the last step—final commercialization and manufacturing.”





Mr. Nelson concluded, “We anticipate combining the last steps with one partner who will be able to produce a manufacturing prototype, do a test run, and go commercial. This approach will simplify the development process considerably. Finding the right partner is our goal. We are currently holding conversations with several potential partners, including large domestic and international manufacturers.”







To learn more about Solar3D, visit our website at http://www.Solar3D.com.