Apr 25, 2006 Kaptur Announces Small Business Energy Innovation Award to Toledo Firm
"This award signals further recognition by the Department of Energy that the work being done in our region in alternative energy is cutting-edge. Our area is on the forefront of technological advancements in energy alternatives for the country and the world," said Kaptur.
Midwest Optoelectronics is working to develop lightweight, flexible solar cells for military, space, and consumer use. The proposed technology addresses the issue of the interconnection of solar cells, and is expected to result in a more efficient manufacturing process and flexible solar cells of higher performance at lower cost.
Midwest Optoelectronics is one of 253 small businesses selected from 1,387 applications. Phase I of the grant is expected to begin in late June. During this period, the company will determine the feasibility of its concept. After completion of Phase I, the company will be eligible to compete in fiscal year 2007 for Phase II funding, which is the principal research and development phase of the program.