Innovative technology 'to cut costs of cheap energy generating solar panels' - 14/05/2010
British researchers have developed an innovative new technique aimed at reducing the costs involved in capturing cheap energy from the sun.
Eco technology company Solar Press has invented an electrical material that can be used like ink and printed onto solar panels by printing presses used to produce newspapers, reports the Times.
The firm says the technology could be a key breakthrough in reducing the notoriously high costs involved in producing solar panels.
Lower costs would then enable the company to widen access to cheap energy for billions of the world's poorest people.
Omar Cheema, co-founder and chief executive of Solar Press, said many printing factories have "idle time" when they are not being used, which will enable the company to rent the spare capacity for an hourly fee.
"This means we can produce the cells almost anywhere in the world at short notice and distribution costs will be minimal," he told the Times.
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