I urge everyone to investigate this little company and its noble CEO and scientific management. They are not political leaches proclaiming theories as science. Rather they have brought the best of nimble capitalism together with the dream of helping to produce Solar energy at grid parity or better. This is very possibly a giant step toward such. I predict that Natcore shareholders will soon be quite happy!
This is my opinion, due your own due diligence.
News Feed ItemNatcore Technology Develops Solar Cell That Eliminates Use of Silver
Most Substantial Improvements In 60 Years Continue Drive to Lower Cost of Solar Energy
ROCHESTER, N.Y., Aug. 18, 2015 /PRNewswire/ -- When Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF) announced the development of a breakthrough solar cell structure on July 9, they indicated that the new low-cost configuration might allow for the elimination of silver from mass-produced solar cells.
In the intervening weeks, that long-time goal of solar scientists has been achieved.
Working in their Rochester R&D Center, Natcore scientists have built an all-back-contact silicon heterojunction cell structure in which silver has been completely eliminated. It has been replaced by aluminum.
This substitution has been accomplished with no loss of performance.
When sunlight hits a silicon cell, it generates electrons. Ever since practical solar cells have been made - about 60 years ago - silver has been used as a conductor to collect these electrons in order to form a useful electric current. Silver was originally chosen for this role because it is a high-conductivity metal. The average solar panel uses about one-half of an ounce of silver.
Silver represents >48% of the metallization cost of a solar cell, or about 11% of the total raw material cost of a solar module.
The cost saving realized by switching from silver to aluminum are important. That's because silver, while highly conductive, is also high-cost. At today's prices, silver costs about $15.28 per troy ounce. The same quantity of aluminum costs $0.05, about 0.3% of the cost of silver.
Due Your Due Diligence Use Your Imagination
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in NTCXF over the next 72 hours.
Additional disclosure: I believe that this is the time that I have been waiting for.