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• 2007-Sep-17 - New Solar Energy Technology

India-based Moser Baer Photovoltaic has stated that it is researching and developing nanotechnology that is based on solar energy applications such as exterior paints containing quantum dots for use in powering buildings. The company’s chief executive Ravi Khanna said: “In two-three years, nanotechnology would be a significant source in solar energy. We have a three-pronged R&D strategy. One is our corporate R&D team which has 600 engineers working on optical media, photovoltaic and other things. Then we have 100-plus engineers in Moser Baer Photovoltaic. And thirdly, we have invested in R&D centres abroad which gives us access to latest technologies.” The company has also announced that it is in the final stages of discussions with the governments of some Indian states to establish a greenfield manufacturing facility. Khanna said, “For solar farms, we believe that selective regional participation would be the best strategy for scalability.” Khanna predicts that the global market for solar energy will reach up to US$15 billion by 2010 and that India will be a “significant player.”

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