China Nuvo Solar Energy, Inc. (CNUV.OB) designs and plans to manufacture solar photovoltaic (PV) cell technology products. Even though they are still in the development stage, the Company holds the exclusive rights to a unique solar cell technology based on photovoltaic cells with essential light-transmitting wave guides in a ceramic sleeve.
China Nuvo’s technology is unique in that less exposed surface area is required to generate electricity. More sunlight is captured due to the light-transmitting particles that act as wave guides and allow the sun-exposed conversion area of the solar cell to be shifted readily from horizontal to vertical. Additionally, the ceramic sleeve eliminates any need for expensive vacuum chambers. This in turn decreases the cost of materials needed in solar cell production.
The Company’s light-trapping technology has been show to be more beneficial when compared to conventional solar energy technologies. In December 2007, China Nuvo entered into an agreement with Pioneer Materials, Inc. (PMI). This collaboration and development agreement will establish a pilot development and manufacturing operation in PMI’s existing facility in China.
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