Magnolia Solar Is Using Nanotechnology to Develop High-Efficiency Thin Film Solar Cells

ALBANY, NY AND WOBURN, MA, Jul 22, 2014 (Marketwired via COMTEX) Magnolia Solar Corporation (OTCBB: MGLT) ( Magnolia Solar ) announced that it is pioneering the application of nanotechnology for both flexible CIGS and III-V solar cells in order to boost performance and lower costs. Magnolia Solar has developed nanostructured optical coatings that can minimize reflection losses and enhance light trapping when applied to the surface of either CIGS or III-V solar cells. Magnolia Solar is also developing the technology to apply novel nanostructured designs to the absorber layer of high-performance III-V and CIGS solar cells in order to reduce recombination losses and increase the capture of low-energy photons. Dr. Roger Welser, Magnolia Solar Chief Technical Officer (CTO), further stated, Photovoltaic (PV) devices can provide a mobile source of electrical power for a wide variety of applications in both space and terrestrial environments. Many of these mobile and portable power applicati
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