Monday, June 20, 2011

1366 Technologies Wins $150 Million Loan Guarantee for Solar Project - NYTimes.com


1366 Technologies Wins $150 Million Loan Guarantee for Solar Project - NYTimes.com: "The Energy Department plans to announce on Friday that it will provide a $150 million loan guarantee to a company in Massachusetts that has developed a radical new way to make the silicon wafers for solar cells at a far lower cost.

The company, 1366 Technologies, has invented a way to cast the wafers at the desired dimensions — 200 microns thick, or about eight thousandths of an inch — rather than slicing them from a big block and losing up to half the material as dust."

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