Molecular Solar, a company begun by the University of Warwick, has declared its plans to make a further investment of £5 million to establish its own personalized technological facility to develop and market its new technologies. Lately, the company has successfully joined a research program valued around £2.1 million and succeeded in garnering investment capital.
"Gold Plated Eelectrodes Created by the Company"
According to Professor Tim Jones, from the University of Warwick who is also a researcher in Molecular Solar, the company currently experiments with solar cells manufactured utilizing organic semiconductor material, which allows the feasibility of producing flexible, light weight solar cells.
The solar cells produced utilizing sustainable materials can be utilized as flexible sheets in a range of applications such as roll down type of solar powered mobile chargers that can become as compact as a pen, removable type of sun-shades for use with window screens of automobiles, which can be used to power a small fan or cooling systems kept inside the vehicle and micro lights that can be added to everyday clothing.
Earlier Molecular Solar drew adequate support from Venture Capitalists for developing a gold plated window for use in the organic solar cells as transparent electrode. Opposed to the common belief of high cost involved in utilizing gold for such developments each such electrode was plated with gold having a thickness measuring only 8 billionths of a meter. The cost of gold needed for such fabrication over one square meter area of electrode was very minimal.