Silicor Materials Announces Production of PERC Mono Cells at 20% Efficiency Using Its Standard Solar Silicon

SAN JOSE, Calif.–(BUSINESS WIRE)–Silicor
Materials, Inc., a manufacturer of high-quality solar silicon and
aluminum by-products, announced today that in its first ever attempt,
the company has produced p-type mono PERC (Passivated Emitter Rear Cell)
cells at approximately 20 percent efficiency, using 100 percent of its
standard silicon feedstock.

“We are extremely pleased with the results of this first attempt at mono
cell production,” says Alain Turenne, Chief Technical Officer at Silicor
Materials. “These results show the power of our process to produce
silicon of such high quality that even the demands of a mono PERC cell
architecture are well within reach.”

A small mono boule was expertly grown and wafered at Fraunhofer CSP’s
lab for crystallization technology in Germany, and then converted into
cells by a manufacturing partner. The result demonstrates that Silicor’s
low cost, high quality feedstock can be used to make mono-crystals using
the Czochralski method, as well as high efficiency monocrystalline solar
cells. These results further confirm that Silicor’s breakthrough
technology for manufacturing solar grade silicon provides the solar
market with a simple solution to manufacturing the highest quality,
highest efficiency solar cells of the future at a substantially lower
cost than all other solar grade silicon manufacturing technologies on
the market today.

“These results come at no surprise to the Silicor team but will to some
of our competitors, who have become wedded to very expensive methods to
manufacture solar grade silicon,” said Terry Jester, CEO of Silicor
Materials. “Our results with mono PERC cells are only the beginning. We
will continue our work with perfecting the manner in which our material
is integrated into mono wafer manufacturing and expect even better
results in the future. Silicor Materials has significant experience in
using its material in multi-crystalline applications and has a track
record of continuous improvement in cell efficiency. This news is
certain to be welcomed by customers and investors alike.”

About Silicor Materials

Silicor Materials produces solar silicon to meet the unique cost and
performance needs of PV manufacturers. The company’s novel manufacturing
process unlocks significant cost reduction without sacrificing quality,
and its products achieve performance on par with global industry
standards. Investors include Hudson Clean Energy Partners. For more
information, please visit silicormaterials.com.

Contacts

Antenna for Silicor Materials
Megan Vandenbos, 201-465-8019
[email protected]