January 26, 2015 6:18 AM 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
Total Annual Compensation: $275.0K
Co-Founder and Chief Technology Officer
Total Annual Compensation: $165.0K
Chief Financial Officer and Director
Age: 49
Compensation as of Fiscal Year 2013.

Natcore Technology Inc. Key Developments

Natcore Technology Inc. Appoints Gavin Conibeer to Science Advisory Board

Dr. Gavin Conibeer, an internationally-known professor at the School of Photovoltaics and Renewable Energy Engineering at the University of New South Wales, has joined the science advisory board of Natcore Technology Inc.

Natcore Technology Makes First Commercial Offering with Turnkey Solar Manufacturing Program

Natcore Technology has established a ‘best of breed’ program through which it would design, supervise and build facilities to produce solar cells, solar panels and power plants that integrate the best equipment with the newest proven technology. The company would serve on these projects as a consultant or general contractor, hiring subcontractors and selecting the optimum components, prices and quality available. Under this arrangement, clients would benefit from the experience of the company and its advisors with the major solar equipment manufacturers, and from potential preferential advantages with these manufacturers due to its technology. Clients would also gain exclusive access, on a geographical basis, to Natcore's newest technologies – including black silicon, laser-processing and rear contact technology – as they come on line.

Natcore Technology Makes First Laser-Processed All-Low-Temperature Solar Cell

Natcore Technology have created an all-low-temperature, laser-processed solar cell. Their latest device does not require temperatures above 350 degrees C for any process step. This development sets the stage for a marriage between Natcore's highly specialized laser processing and its black silicon technology. The fruits of that all-low-temperature marriage would include gains in efficiency and significantly lower production costs. The milestone was accomplished at Natcore's R&D Center in Rochester, NY. This is one of the first demonstrations of a low-temperature, laser-processed solar cell by anyone. Further, unlike previous attempts, Natcore's approach makes it uniquely suited to large-scale manufacturing, especially of high-performance all-back contact cells. Current silicon processing techniques involve temperatures of 850 degrees C or higher. But Natcore's process does not entail temperatures above 350 degrees C for any step. 350 degrees C is a common annealing temperature used in industry, whereas exposure to 850 degrees C and above, the temperature typically used for conventional solar cells, requires specialized equipment. For example, processing at the higher temperature is done in some form of a diffusion furnace, the interior of which needs to be fabricated from quartz or other very high-temperature compatible materials like silicon carbide. Natcore's process eliminates that diffusion furnace altogether. An independent study had earlier shown that Natcore's black silicon process should save 23.5% in manufacturing costs by eliminating one furnace from the production process. Combining that black silicon process with Natcore's highly specialized laser processing will eliminate this second, final furnace, cutting costs yet again. There are other benefits from low-temperature processing as well. Eliminating exposures to elevated temperatures preserves the "minority carrier lifetime" of a cell. Maintaining high minority carrier lifetimes means that efficiencies comparable to the efficiencies of cells made with more expensive computer-chip-grade silicon can be achieved with lower-quality and lower-cost solar grade silicon. That, coupled with eliminating the use of high-temperature processing equipment, should enable these efficiencies while also reducing the costs of fabrication. The next steps in the development will be to add Natcore's black silicon antireflection control technology to the front of the cell and to move the front contacts to the back of the cell in what is called an interdigitated contact pattern. Eliminating the front contacts will allow an additional 3% to 4% more light to enter the cell and increase its output by a comparable amount. Natcore will have a unique and proprietary position with this technology.

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