About Lamda Solar
Absorbing light to boost solar energy
Lamda Solar Inc. develops products that improve the absorption of solar panel cells. The patent pending technology is a thin film that uses metamaterials, also known as nano-composites, to dramatically increase solar cell efficiency (up to 100%) by collecting light from all angles and absorbing light over most useful spectrums. The thin film can be applied to existing solar panel cells that have denigrated efficiencies, or integrated into new cells, allowing for immediate use by solar cell manufacturers.
Over the last 20 years the price of solar electricity has decreased by a factor of 5, however solar electricity is still currently about 5 times the cost of coal-generated electricity. Approximately 50% of the price of solar modules is the cost of the silicon layer; by adding Lamda Solar’s thin film this cost can be substantially reduced. The result will be the production of new cells that are less expensive, making solar energy a more accessible option for smaller companies or individuals in home use.
For solar farms Lamda Solar’s solution will multiply their total wattage output, hence reducing the cost per kWh for consumers, or significantly increasing the profitability of solar farms. This level of improvement to the performance of solar cells will make solar energy a more viable cleantech alternative to traditional fossil fuels, bringing us one step closer to using sustainable energy sources.
Lamda Solar Inc. Is a subsidiary of Metamaterial Technologies Inc. (MTI). To learn more about metamaterials and MTI’s platform technology visit the corporate website.
