Konarka secures $500,000 NSF grant

Mar. 3, 2005 — Konarka Technologies Inc., a developer of “power plastics” that convert light to energy, announced it was awarded a $500,000 grant from the National Science Foundation (NSF).

The goal of the grant is to raise the performance of the company’s dye-sensitized solar cell technology, including generating more electrical current and improving efficiency to 10 percent or higher. To do this, Konarka will enhance the ability of its dyes and additives to capture more of the solar spectrum. The grant is effective for two years.

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