Newly developed quantum dot composites present
unique opportunities to optimize sunlight utilization.
N.M., Aug. 15, 2023 /PRNewswire/ -- UbiQD,
Inc., a New Mexico-based
nanotechnology company, announced today that it has entered into a
joint development agreement, with First Solar, Inc. (NASDAQ: FSLR),
to further collaborate on developing the potential to incorporate
fluorescent quantum dot technology in advanced solar modules. The
two companies have been conducting exploratory work since early
2022, and the initial results have supported the more formalized
joint-development effort announced today.
"nanomaterials are proving to be a key tool
in humanity's urgent response to climate change"
Quantum dots (QDs) are semiconductor
nanoparticles that exhibit high efficiency photoluminescence over a
wide range of tunable colors, making them effective at optimizing
light spectra. UbiQD has launched several greenhouse products
under its UbiGro® brand that adjust the spectrum of sunlight to
enhance crop growth. Now, the company is engineering these
materials for potential applications in utility-scale solar with
the aim of significantly increasing the efficiency of current PV
"As we work towards developing the next
generation of photovoltaics, we are exploring a range of
enhancements that could allow us to convert more sunlight into
energy," said Markus Gloeckler,
chief technology officer, First Solar. "We are interested in the
potential use of quantum dots in optimizing the absorption of light
and look forward to continuing our work with UbiQD on exploring
"With First Solar's domain expertise and
leadership position in multi-gigawatt-scale solar, we are excited
to be working together on the potential to enhance panel efficiency
using quantum dot technology," added Hunter
McDaniel, UbiQD CEO. "If successful, this application in
solar modules will be a perfect example of the broad applicability
of our core technology. With emerging applications in food and
energy, these novel nanomaterials are proving to be a key tool
in humanity's urgent response to climate change and further
sustainable economic development."
About UbiQD, Inc.
'ubiquity') is an advanced materials company powering product
innovation in agriculture, clean energy, and security. Our quantum
dots enable products that harness the power of color and light.
Headquartered in Los Alamos, New
Mexico, UbiQD is licensing technology developed at leading
research institutions, including Los Alamos National Laboratory and
M.I.T. The company was recently recognized as the 'Best Overall
Venture' at the 2023 National Renewable Energy Laboratory (NREL)
Industry Growth Forum (IGF) in Denver. To learn more, please visit
https://ubiqd.com and https://ubigro.com.
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SOURCE UbiQD, Inc.