DayStar Technologies, Inc. (Nasdaq: DSTI), a developer and manufacturer of proprietary high performance photovoltaic (PV) products, has been selected as the recipient of Frost & Sullivan’s 2005 Technology Innovation of the Year Award.
The Award recognizes DayStar’s contributions toward the commercialization of CIGS (copper-indium-gallium-diselenide) photovoltaic cells. Said Dr. John Tuttle, President and CEO of DayStar Technologies, “This Award further validates our technical achievements and ongoing dedication to reach gigawatt scale production of Photovoltaic Foil(TM) and deliver on the promise of pervasive solar energy.”
“DayStar’s innovative approach has the potential to meet the three primary desired attributes of solar cell technology: performance/reliability, form-factor (flexible/durable/lightweight) and cost. Many other solar cell technologies meet only one or two attributes,” said Frost & Sullivan Research Analyst Viswanathan Krishnan.
DayStar Technologies, Inc. is an emerging leader in low cost, high efficiency Photovoltaic Foil(TM) that converts sunlight into energy. The Company’s proprietary products include silicon-free CIGS solar cells, which are deposited on flexible metal foils using production processes adapted from commodity computer component manufacturing. DayStar believes the unique combination of its CIGS solar cell design coupled with proprietary manufacturing processes on flexible metal substrates could substantially lower costs and remove deployment barriers currently limiting large adoption of solar energy.
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