Quantum Materials Corp. (fka QTMM)

[puravida19]

Greentech Tv Article posted today by D5

Article quoting Squires:
http://greentechtv.net/articles/energy00075f269.

D5, is this new today? I don't see a date. When I right click
on properties while over the article, I got todays date.
Squires does not pussyfoot around. He is John Wayne reincarnate!

Solterra Is The “Clean, Clear Answer” to Congressional Energy Mandate
Jennifer Bullian | GreenTech TV

Other Renewable Energy Resources Can't Match Solterra’s Ability to Meet the Bill's Mandates

Solterra's proprietary manufacturing process for quantum dot semiconductors, (used in its solar cells to create electricity) perfectly fulfills the mandates of The House Energy and Commerce Committee’s, "The American Clean Energy and Security Act " (ACES).

Stephen Squires, CEO of Solterra, said, "It is my firm belief that Solterra's technology provides the answer to fulfilling the ambitions of this bill as well as President Obama's plan for energy security. We believe that Solterra's quantum dot solar cell will lead the solar industry in the U.S. and globally in providing sustainable and stable electricity for long term because it has the capacity to meet the huge demand the bill will create while it seems the other renewable resource companies simply cannot expand rapidly enough."

Solterra's Innovative and Efficient Technologies

Solterra's powerful technology innovations have the ability to make solar cells cheaper and more efficient. The manufacturing process for making solar cells uses thin film printing and handling rather than expensive and resource-laden silicon processing (technology licensed from Rice University).

Squires addressed other manufacturing methods’ shortcomings. Hydroelectric and biomass power are satisfactory renewable energy sources (and currently the largest), but are limited in their ability to meet the bill's requirements over 11 years. Large-site hydroelectric requires high capital costs, has few installation sites, and lacks much needed precipitation for actual energy production. While biomass generation is renewable, the production method (burning) conflicts with the ACES goal to limit global warming pollution. Wind power will be a good contributor to overall goals, but it too is limited by geographically suitable locations.

The ACES act requires that large U.S. electricity suppliers generate 15-20% of their electricity from renewable resources. The U.S. is projected to consume about 36,000 terawatt-hours of energy per year (a terawatt or TW is equal to one trillion watts). Solterra hopes to contribute to at least 5,400 terawatt-hours required from renewable sources. In 2007 the U.S. Department of Energy reports reported that renewable sources produced 2,000 terawatt-hours; less than half of what the Congressional Mandate requires by 2020. To fulfill the projected 2020 energy demand, it is estimated that existing solar manufacturers would need more than 1,000 years of current silicon output


Solterra’s Squires says that his company is better positioned than traditional solar cell makers to reduce the required to ramp up solar cell manufacturing and meet the dramatic solar energy demand in the legislation. The manufacturing and material design for the Solterra solar cell has a potential output of greater than ten times conventional solar line design, and the facilities and equipment can be duplicated relatively quickly and at a much more modest cost than the typical $100 million per silicon-PV facility. Designed for high volume conventional printing methods, there are low capital and manufacturing costs, making them competitive with conventional fossil fuel power generation. Although, traditional silicon solar cell companies, the current bulk of solar photovoltaic generation capacity, are limited by the amount of high-grade silicon that can be manufactured per year.