MILPITAS, Calif.--(PRIME NEWSWIRE)--June 9, 2008
NanoGram
Corporation, a leading developer and licensor of core advanced
materials process technology, tools and solutions for optical,
electronic and energy applications, today announced that it has beenawarded an Energy Innovator Award from the US Department of Energy's
Office of Energy Efficiency and Renewable Energy.
The award recognizes businesses, individuals and governmental
agencies that have successfully developed or deployed energy
efficiency and/or renewable energy technologies, services or
policies.
"We are happy to recognize NanoGram's work with the Energy Innovator
Award," said Paul Dickerson, chief operating officer at the
Department of Energy's Office of Energy Efficiency and RenewableEnergy. "Moving energy innovations from the lab to the market is a
key way to increase our energy security and mitigate climate change."
NanoGram is developing a breakthrough crystalline silicon-based solar
module manufacturing process that dramatically reduces module cost to
the level of thin film photovoltaics while delivering high
efficiency. The process leverages NanoGram's proprietary laser
reactive deposition (LRD(tm)) technique, which drives down PV module
costs by reducing silicon consumption to less than 25 percent
compared to typical wafer-based approaches. Significant cost
reductions generated using this approach are expected to bring module
costs well below $1.00/Wp when high volume manufacturing production
levels are reached in 2012.
An R&D pilot plant is currently under construction at NanoGram's
headquarter facilities in Milpitas, CA, and is expected to generate
approximately 25 new high-tech jobs.
"I congratulate NanoGram on receiving the Department of Energy's
Energy Innovator Award," stated US Congressman Mike Honda (D-CA). "I
have long been a supporter of solar energy, and NanoGram's work on
photovoltaic technology will help to expand the use of solar energy
in the United States. The company's approach addresses both the
supply and demand issues that face solar energy -- their technology
will increase the manufacturing throughput of factories, increasing
supply, and it will decrease the cost to make panels, thus making
solar more attractive to a greater number of consumers. Work like
this is essential to bringing solar energy into widespread use, and I
am proud that it is being done in Silicon Valley, in California's
15th Congressional District."
"On behalf of NanoGram, I would like to thank the Department of
Energy for this award and Congressman Mike Honda for his leadership
on renewable energy issues," said NanoGram President and CEO Dr.
Kieran Drain. "Working together, the private sector and the
government can provide our nation with affordable home-grown
renewable energy."
NanoGram's photovoltaic innovations are part of the company's growing
intellectual property assets for Cleantech applications that include
solar, flat panel and flexible displays, solid state lighting,
lithium-ion batteries, and printed electronics.
About NanoGram
NanoGram Corporation (Milpitas, CA, USA) develops and licenses core
materials process technology, tools, and solutions that enable the
manufacture of unique nanoscale compositions for optical, electronic
and energy products. The company has developed an extensive
intellectual property portfolio that is expanding the boundaries of
nanomaterials technologies and enabling the development and
manufacture of new generations of materials, devices, components and
applications across a broad range of industries. The NanoGram KK
office in Shinjuku, Tokyo supports its growing presence in Japan,
while the NanoGram Korea office in Seoul serves local customers in
that country. NanoGram has established a strategic development andmanufacturing supply relationship with Nagase & Co., Ltd. / Nagase
ChemteX Corporation. Additional information about NanoGram is
available at www.nanogram.com.
The NanoGram Corporation logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=5129
Notes:
Mr. Paul Dickerson can be contacted at Paul.Dickerson@ee.doe.gov
US Department of Energy
1000 Independence Ave. SW,
Washington, DC 20585
202-586-9220.
Congressman Mike Honda's Communication Director, Mr. Jose Parra,
can be contacted at Jose.Parra@mail.house.gov
1713 Legislative House Office Bldg.
Washington, DC 20515
202-225-2631
CONTACT:
Missy Bindseil PR
US Contact:
Missy Bindseil
+1 (830) 237-9527
mbindseil@nanogram.com
NanoGram Corporation
Japan Contact:
Koichi Miyamoto
+81 3 5366 2431
kmiyamoto@nanogram.com
Korea Contact:
Pete Han
+82 2 548 4760
phan@nanogram.com
NanoGram
Corporation, a leading developer and licensor of core advanced
materials process technology, tools and solutions for optical,
electronic and energy applications, today announced that it has beenawarded an Energy Innovator Award from the US Department of Energy's
Office of Energy Efficiency and Renewable Energy.
The award recognizes businesses, individuals and governmental
agencies that have successfully developed or deployed energy
efficiency and/or renewable energy technologies, services or
policies.
"We are happy to recognize NanoGram's work with the Energy Innovator
Award," said Paul Dickerson, chief operating officer at the
Department of Energy's Office of Energy Efficiency and RenewableEnergy. "Moving energy innovations from the lab to the market is a
key way to increase our energy security and mitigate climate change."
NanoGram is developing a breakthrough crystalline silicon-based solar
module manufacturing process that dramatically reduces module cost to
the level of thin film photovoltaics while delivering high
efficiency. The process leverages NanoGram's proprietary laser
reactive deposition (LRD(tm)) technique, which drives down PV module
costs by reducing silicon consumption to less than 25 percent
compared to typical wafer-based approaches. Significant cost
reductions generated using this approach are expected to bring module
costs well below $1.00/Wp when high volume manufacturing production
levels are reached in 2012.
An R&D pilot plant is currently under construction at NanoGram's
headquarter facilities in Milpitas, CA, and is expected to generate
approximately 25 new high-tech jobs.
"I congratulate NanoGram on receiving the Department of Energy's
Energy Innovator Award," stated US Congressman Mike Honda (D-CA). "I
have long been a supporter of solar energy, and NanoGram's work on
photovoltaic technology will help to expand the use of solar energy
in the United States. The company's approach addresses both the
supply and demand issues that face solar energy -- their technology
will increase the manufacturing throughput of factories, increasing
supply, and it will decrease the cost to make panels, thus making
solar more attractive to a greater number of consumers. Work like
this is essential to bringing solar energy into widespread use, and I
am proud that it is being done in Silicon Valley, in California's
15th Congressional District."
"On behalf of NanoGram, I would like to thank the Department of
Energy for this award and Congressman Mike Honda for his leadership
on renewable energy issues," said NanoGram President and CEO Dr.
Kieran Drain. "Working together, the private sector and the
government can provide our nation with affordable home-grown
renewable energy."
NanoGram's photovoltaic innovations are part of the company's growing
intellectual property assets for Cleantech applications that include
solar, flat panel and flexible displays, solid state lighting,
lithium-ion batteries, and printed electronics.
About NanoGram
NanoGram Corporation (Milpitas, CA, USA) develops and licenses core
materials process technology, tools, and solutions that enable the
manufacture of unique nanoscale compositions for optical, electronic
and energy products. The company has developed an extensive
intellectual property portfolio that is expanding the boundaries of
nanomaterials technologies and enabling the development and
manufacture of new generations of materials, devices, components and
applications across a broad range of industries. The NanoGram KK
office in Shinjuku, Tokyo supports its growing presence in Japan,
while the NanoGram Korea office in Seoul serves local customers in
that country. NanoGram has established a strategic development andmanufacturing supply relationship with Nagase & Co., Ltd. / Nagase
ChemteX Corporation. Additional information about NanoGram is
available at www.nanogram.com.
The NanoGram Corporation logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=5129
Notes:
Mr. Paul Dickerson can be contacted at Paul.Dickerson@ee.doe.gov
US Department of Energy
1000 Independence Ave. SW,
Washington, DC 20585
202-586-9220.
Congressman Mike Honda's Communication Director, Mr. Jose Parra,
can be contacted at Jose.Parra@mail.house.gov
1713 Legislative House Office Bldg.
Washington, DC 20515
202-225-2631
CONTACT:
Missy Bindseil PR
US Contact:
Missy Bindseil
+1 (830) 237-9527
mbindseil@nanogram.com
NanoGram Corporation
Japan Contact:
Koichi Miyamoto
+81 3 5366 2431
kmiyamoto@nanogram.com
Korea Contact:
Pete Han
+82 2 548 4760
phan@nanogram.com