Natcore Technology, Inc. (NXT.V) Expands Into Chinese Solar Market with New Technology
Natcore Technology Inc. is the exclusive licensee of a revolutionary new room-temperature thin-film growth technology, developed at Houston’s Rice University, which is suitable for a variety of silicon oxides and wafers, and which utilizes a liquid phase deposition (LPD) process. The company announced today an agreement with a Chinese partnership consisting of two major firms and Zhuzhou Hi-Tech Industrial Development Zone (Zhuzhou), with whom the Company has signed a letter of intent to form a new company to be called Natcore China. Natcore China will maintain rights to manufacture anti-reflective (AR) film growth equipment and materials, with NXT retaining 55%…