Shrink Nanotechnology Inc’s subsidiary to commercialize solar energy products

6 May 2010

Shrink Nanotechnology Inc. is one of the first organizations that are involved in diverse activities including nano-devices, medical diagnostics, sensors, biotechnology research and developmental tools and solar film technologies. The company has recently announced a new wholly owned subsidiary Shrink Solar LLC of the parent company Shrink Nanotechnologies Inc will commercialize the solar technologies and solar energy products, which is a large market of $37 billion.

Shrink Nanotechnologies Inc. has developed the unique nano-structured solar concentrator designs and these unique designs are made efficient enough to produce energy at much lower cost than the conventional solar energy technologies. The newly fully owned subsidiary Shrink Solar LLC, will enhance the marketing capabilities of the parent company worldwide.

The latest nanocrystal based technology from M/s Shrink Nanotechnology, for which patent is still pending, enhances the silicon’s ability to absorb sunlight efficiently resulting in higher conversion of solar energy to electrical energy and consequently higher efficiency of the solar energy products. The new technology will not only bring the higher efficiency but will deliver higher wattage at the lower input cost also.

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