Novaled licenses its technology for solar cells

(PresseBox) ( Dresden, )
Novaled AG, a company dedicated to organic light emitting devices (OLEDs) and Heliatek GmbH, a company dedicated to organic based photovoltaic, have entered into a licensing agreement concerning the use of Novaled PIN OLED™ technology for solar cell application.

With this agreement, Heliatek will develop high performing organic solar cells using the power efficiency given by the Novaled PIN OLED™ technologies and Novaled unique molecular dopants. Both Companies in addition will cooperate on further developing the organic based photovoltaic technologies.

Gildas Sorin, Novaled CEO:” with this agreement Novaled clearly shows the advantage of its technology in any field where energy saving is requested. Beside display and lighting, Novaled will strongly contribute the very promising organic solar cell domain. The cooperation with Heliatek will sustain our development in this domain”.

“Organic solar cells will become the new generation of solar cells”, Harald Eggers, Heliatek CEO, says. “The Novaled technology and the cooperation with Novaled will give us a strong competitive advantage for our products”.

About OSCs

OSCs, organic solar cells, incorporate organic semiconducting materials in thin layers generating current when light is shined onto them. This can be considered as an invers process to OLEDs. In contrast to inorganic solar cells, which today are mainly based on silicon technology, they make use of relatively cheap materials and low cost, low temperature manufacturing methods on potentially flexible substrates. This will allow a better cost to generated electrical power ratio. They will enter a multitude of applications for solar cells, from small area flexible mobile device power units to large area solar power plants.
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