Increasing Solar Power
META is at the early stage of developing new solar films that will have the potential to increase solar cell efficiency by collecting and absorbing light. META’s technology will be able to increase the absorption of sunlight in solar panels by trapping light from all angles, without the need for concentrators or tracking systems and utilizes the latest achievements in optical science, semiconductors and nanotechnologies.
This new technology will increase the total output of solar cells, thereby reducing the cost of every kilowatt of energy generated, making it a viable solution in the cleantech industry. And, because of its versatility, the film will be ideal for lightweight solar aircraft, solar farms, the automotive industry, solar-powered infrastructures, consumer electronics, residential home panels, transparent solar panels, and much more.
With its first solar investment in Canada, Lockheed Martin and MTI announced a partnership to support the development of metaSOLAR™. This new product will incorporate advanced materials and META’s proprietary ultra-lightweight, high efficiency NanoWeb® technology, suitable for flight.
“We are pleased to see our ITB investment going to a great Canadian global innovator such as Metamaterial Technologies Inc. Their work in the field of smart materials and in developing a disruptive solar application suitable for flight is an example of what Canadian technology offers the world.”-Charles Bouchard, Chief Executive of Lockheed Martin Canada.
“Metamaterials are in essence the materials of the future. MTI is pioneering large scale affordable nanofabrication technology that can push the boundaries for crystalline silicon solar efficiency and create very thin form factors for solar cells.”-Harry Atwater, Howard Hughes Professor and Professor of Applied Physics and Materials Science at the California Institute of Technology
This solar film technology is being engineered to help advance the solar energy industry and offer a more viable alternative to traditional fossil fuels, bringing us one step closer to an environmentally sustainable future.