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April 26, 2015 5:01 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Natcore Technology Inc.

Company Overview

Natcore Technology Inc. engages in the research and licensing of a thin-film growth technology that controls the growth of thin and thick film of silicon dioxide and mixed silicon oxides on silicon and other substrates from aqueous bath at room temperature and pressure. It offers technology for various applications, including solar energy, optics, medical, electronics, science and research, and hardware/utility fields. The company is headquartered in Red Bank, New Jersey.

87 Maple Avenue

1st Floor

Red Bank, NJ 07701

United States





Key Executives for Natcore Technology Inc.

Chief Executive Officer, President and Director
Total Annual Compensation: $275.0K
Co-Founder and Chief Technology Officer
Total Annual Compensation: $165.0K
Chief Financial Officer, Director and Member of Audit Committee
Age: 49
Compensation as of Fiscal Year 2013.

Natcore Technology Inc. Key Developments

Natcore Technology Inc. and Eurotron B.V. Sign Joint Development Agreement

Natcore Technology Inc. has signed a joint development agreement with Eurotron B.V. The collaboration has three primary objectives: to adapt Natcore's laser process to a contact design that is compatible with Eurotron's back contact technology; to enable Natcore to incorporate six-inch cells into commercial-style modules, using both its own technology and Eurotron's Backcontact Module technology; to explore possibilities for further cooperation wherein Natcore would commercialize Eurotron's Backcontact Module technology as it may be used in conjunction with Natcore's laser-based technology on a new cell design. Joint work will be performed in the Eurotron Competence Center, a facility opened in May 2014 to provide lab-to-fab testing and pre-production services for solar cell/module technologies. The Competence Center is said to be the first in the world dedicated to back-contact cell/module technologies. Once Natcore has optimized their technology on a small scale, they will produce prototype six-inch demonstration cells for delivery to Eurotron.

Natcore Technology Inc. Produces an All-Back-Contact Silicon Heterojunction with Intrinsic Thin Layer Solar Cell

Scientists working in the Rochester R&D Center of Natcore Technology Inc. have produced an all-back-contact silicon "HIT-structure" (heterojunction with intrinsic thin layer) solar cell using their proprietary laser technology. "Silicon HIT-structure cells have been shown to yield record efficiencies of greater than 25%," says Dr. David Levy, Natcore's Director of Research and Technology. "Natcore's HIT-structure cells are made using thin amorphous silicon layers in combination with a standard crystalline silicon solar wafer. This concept makes very efficient cells, as seen in the Sanyo/Panasonic HITTM cell." Natcore's scientists used a laser in applying contacts to the rear of the cell. In addition to further increasing cell efficiency relative to industry standards, the Natcore all-back-contact technique could allow production of these high efficiency cells at low cost. Panasonic recently reported an all-back-contact HIT-structure with 25.6% conversion efficiency. That cell, however, was produced using a relatively complicated, higher-cost process. Natcore believes that it can achieve similar efficiencies at a much lower cost and without the environmental damage incurred through the chemicals and energy required for the high-temperature process. Because of their initial results, Natcore has moved to protect its new process by filing a provisional patent application titled with the United States Patent and Trademark Office.

Natcore Technology Teams With Fraunhofer ISE to Develop International Solar Projects

Natcore Technology Inc. has signed a Memorandum of Understanding with the Fraunhofer Institute for Solar Energy, under which the two organizations would cooperate in developing solar energy projects for third party customers. The Memorandum outlines how Natcore and Fraunhofer will work together on various areas of solar energy technology, including but not limited to: Consultancy and project management projects during ramp-up for customers intending to enter the field of photovoltaic production; Support of existing cell and module manufacturers who are optimizing their production sites; Promotion of innovative technologies of Fraunhofer ISE and Natcore; Structure joint venture research projects within the framework of national funding programs.

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