Monday, February 11, 2008
Feb 11, 2008 (financialwire.net via COMTEX) -- February 11, 2008 (FinancialWire) Pioneer Materials Inc., a collaboration development agreement partner with China Nuvo Solar Energy Inc. (OTCBB: CNUV), has completed staffing for the company's pilot production project in Chengdu, China.
The leader of this project is Leon Chiu, president and chief executive officer of PMI. The principal investigator and solar engineer for work at the Chengdu facility will be Lixin Dong, assistant professor of materials science at Southwest Jiaotung University.
The initial project focus is to develop a single junction solar cell with commercial efficiency utilizing materials provided by PMI and incorporated into the company's ceramic sleeve solar technology. The company believes this will provide the baseline for development of a multi-stacked solar cell that could provide an even higher degree of efficiency. The ultimate goal of the project is to develop and produce a highly efficient, commercially viable, lower cost-per-watt solar energy cell.
China Nuvo Solar Energy is a development stage company that owns a patent pending solar technology and is working to develop a commercially viable higher efficiency stacked solar cell.
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