Quantum Materials Corp. (fka QTMM)

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KAUST signs solar tech agreement

by Utilities ME Staff on Oct 11, 2011

 


 

 

KAUST signs solar licence agreement. (Getty Images)

Saudi Arabia's King Abdullah University of Science and Technology (KAUST) has inked a licence agreement with the University of Toronto for rights to a new solar power technology.
Developed by Dr Edward Sargent, Canada research chair in nanotechnology at the University of Toronto, the quantum dot solar cell technology uses quantum dots to convert the sun's power efficiently into electrical energy.
Dr Sargent's work has been funded by KAUST since 2008 as part of its global collaborative research programme, according to a report published by state news agency SPA.
KAUST said the technology has made great strides towards the goal of breaking the present-day constraining paradigm between high efficiency and low cost in solar cells.