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ABOUT US
China Nuvo Solar Energy, Inc. (“CNUV”) is a
development-stage company that is designing,
with a view toward manufacturing, solar
photovoltaic (PV) cell technology products.
We own a unique patent pending solar cell
technology based on photovoltaic cells with
integral light-transmitting wave guides in a
ceramic sleeve. The advantage of this
technology is that less exposed surface area
is required to generate electricity. The
light-transmitting particles act as wave
guides and allow the sun-exposed conversion
area of the solar cell to be shifted readily
from horizontal to vertical to capture more
sunlight. The ceramic sleeve eliminates the
need for expensive vacuum chambers, thereby
allowing less expensive materials to be used
in solar cell production.
We are developing, with plans to eventually
manufacture and market, innovative solar
cells and solar power products for a wide
range of applications based on our
technology that increases light-trapping
while enabling a variety of materials to be
used. Our technology employs multiple
stacked solar cells in a ceramic sleeve that
uses nano-particles and crystal wave guides
to carry light from the opening down to the
last junction in the solar cell.
Competitors’ processes that use vacuum
chambers (instead of a ceramic sleeve)
generally don’t allow for material
substitution because of contamination
issues. We believe our technology also will
allow manufacturers to quickly and
economically shift to new materials if a
shortage of any one type of material occurs.
We believe our technology will offer a
flexible, cost-effective solution for
increased light-trapping and therefore
increased efficiency.
In June 2006, we acquired the exclusive
worldwide licensing rights to this solar cell
technology from Photovoltaics.com, Inc. and
in January 2008 purchased that technology.
The technology consists of multi-layer
photovoltaic cells incorporating integral
light-transmitting materials that act as
wave guides in directing light to targeted
areas.
To minimize the start-up costs of solar cell
manufacturing, we signed an agreement with
Pioneer Materials, Inc.
(PMI) to
 establish a pilot production line
by building out and modifying PMI’s existing
manufacturing facility located in the Chengdu West High Tech Development Zone in
Chengdu, Sichuan, China. PMI is a supplier
of advanced materials for thin-film
photovoltaic processing serving the optical
recording market segment. Headquartered in
Torrance, California, PMI has manufacturing
operations in China and Taiwan.
Per the terms of this agreement, PMI will
build, equip, operate and manage this
facility, which will develop, test and
manufacture prototype photovoltaic cells and
related products and equipment based on our
technology.
Our business
plan is focused on developing
cost-effective, highly-efficient,
environmentally-friendly solar energy
products. We plan to enter into strategic
partnerships with companies that can help
advance our technology and may also acquire
technologies and businesses that will help
us implement our business strategy in
certain circumstances.
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