26 Jul '11, 1pm

Good Timing: What DuPont Gains By Buying Innovalight

Good Timing: What DuPont Gains By Buying Innovalight

Innovalight has been taking advantage of that intensified competition, and its ability to line up some of the biggest solar cell makers in the world no doubt made it an attractive acquisition target for DuPont. Innovalight, based in Sunnyvale, Calif., licenses the know-how of using its silicon ink to the solar cell production process. The company also sells the silicon ink, which has gotten accolades such as a R&D Magazine’s Top 100 innovation award. “We see a great opportunity in this (market) climate we are in,” said Conrad Burke, former CEO of Innovalight and now the general manager of the newly created DuPont Innovalight. “The thrust is to improve conversion efficiencies and to improve the overall cost structure. That’s the proposition that DuPont and Innovalight will bring together." DuPont declined to disclose the purchase price. Silicon wafers deposited with its nan...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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