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  • Magnolia Solar Corp. (MGLT) Reaches Developmental Milestone, Advances Antireflection Solar Technology 0 comments
    Jan 30, 2013 5:36 PM | about stocks: MGLT

    Magnolia Solar has reached a developmental milestone that it believes advances nanostructured antireflection (NYSE:AR) coating technology closer to commercial application.

    Working with the College of Nanoscale Science and Engineering (CNSE) of the University at Albany, Magnolia Solar reported that it has achieved high-quality 6-inch growth of nanostructured AR coatings on glass for solar cell applications. Most silicon solar cells and high-efficiency thin film solar cells produced today measure approximately 4 inches, the company noted.

    Fixed, flat-plate solar cell modules characteristically experience significant reductions in power output as light reflects off the front glass, depending on the time of the day and position of the sun in relation. Magnolia Solar's goal is to use its AR coating technology to maximize solar energy absorption and minimize reflection losses to less than approximately 1% during peak sunlight hours, resulting in solar panels with extended hours of productivity each day. Thus far, at large angles of incidence during morning and late afternoon hours, the company said that reflection losses have been reduced from more than 25% to less than 5%.

    "Such reflection losses are especially severe early in morning and late in the afternoon when the sun is lower in the horizon. Reflection losses also occur throughout the day, particularly as diffused sunlight falls on a solar panel at glancing angles," Dr. Ashok K. Sood, president and CEO of Magnolia Solar Corp. stated in the press release. "We believe this patent-pending technology is superior to what is currently available in the market and has the potential to benefit a wide variety of specialized military and commercial applications. Magnolia Solar is currently focused on developing a larger scale process for the deposition of nanostructured optical coatings."

    Magnolia Solar has filed multiple patents to protect its intellectual property.

    For more information, visit MagnoliaSolar.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Stocks: MGLT
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