WOBURN, Mass.--(BUSINESS WIRE)--Magnolia Solar, Inc., a developer of high efficiency, nano-structure based solar cells on low cost materials, will participate in the Panel Discussion on Scalable Renewals in the Climate Change/Clean Energy Symposium. This symposium is part of the U.S.-China-India Innovation Partnerships Conference to be held in Boston, Massachusetts on December 9-12, 2008.
Commenting on his participation in the conference, Dr. Ashok Sood stated, "I am delighted to have the opportunity to participate in an event that brings together many of the best minds in the Renewable Energy industry. Magnolia Solar is developing innovative solar cell technology to help make solar energy a significant part of the future energy requirements in the US, China, India and other countries.”
Based in Woburn, MA, Magnolia is developing solar cell technology that will cover the ultraviolet, visible, and infrared part of the solar spectrum. This innovative nano-based thin-film solar cell technology will enhance the solar cell performance while lowering per-watt cost for terrestrial applications. Magnolia Solar plans to use its technology to bring the cost of the solar power to less than one dollar per watt and become a key player in the solar power market which is expected to grow from the current about one percent to about 10 to 20 percent over the next decade. The emphasis for the next generation solar cells is to develop nano-technology based processes that can be grown on low cost materials such as glass and polymers.