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Konarka Technologies

konarka.com

Founded Year

2001

Stage

Dead | Dead

Total Raised

$140.8M

About Konarka Technologies

Konarka aims to build products that convert light to energy and is a developer of polymer photovoltaic products that provide a source of renewable power in a variety of form factors for commercial, industrial, government and consumer applications. According to Konarka, their photovoltaic products are manufactured at low cost and low energy consumption. The company's Konarka Power Plastic technology aims to be lightweight, flexible, scalable and adaptable for use in a variety of commercial, industrial, government and consumer applications. Konarka Technologies is headquartered in Lowell, Mass., U.S.A. and has a full scale production manufacturing facility in New Bedford, Mass. U.S.A., with European headquarters in Nurnberg, Germany, business development offices in Asia and a research and development facility in Austria.

Headquarters Location

116 John Street Suite 12 3rd Floor

Lowell, Massachusetts, 01852,

United States

978-569-1400

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Expert Collections containing Konarka Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Konarka Technologies is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

3,994 items

This collection contains upstream and downstream solar companies, as well as those who manufacture and sell products that are powered by solar technology.

Konarka Technologies Patents

Konarka Technologies has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/29/2008

5/15/2012

Photovoltaics, Solar cells, Applications of photovoltaics, Energy conversion, Copolymers

Grant

Application Date

10/29/2008

Grant Date

5/15/2012

Title

Related Topics

Photovoltaics, Solar cells, Applications of photovoltaics, Energy conversion, Copolymers

Status

Grant

Latest Konarka Technologies News

Konarka's Organic Solar Cell Assets Acquired by Belectric

Oct 23, 2012

Belectric, a Germany-based solar developer, financier, and construction firm with more than one gigawatt deployed has acquired the assets of bankrupt organic solar cell firm Konarka's German operations, Konarka Technologies GmbH. The company would not disclose information on the price, terms of the deal, or IP involved. This deal involves a headcount of 16 people according to a company spokesperson. The new Belectric OPV group will be led by Konarka's former Director of European Operations and current CEO Dr. Ralph Pätzold. Michael Belschak, CFO of Belectric, said in a statement, “We will use Power Plastic wherever conventional modules aren’t a suitable solution. Particularly in facade construction and in the automotive sector, the highly flexible and pliable material can be used in a variety of ways to save energy cost-effectively." In the same optimistic vein, Belschak said he is expecting the first revenue to be generated as early as the second half of 2013.   Organic solar cells \(OSCs\), sometimes referred to as third-generation solar after crystalline silicon and thin-film solar technology, can be divided into two categories: polymer-based \(large molecules\) and oligomer-based \(small molecules\). Konarka prints large molecule polymers. Organic solar cells hold the promise of low-cost production, but their efficiencies tend to be very low. Heliatek had a recent world record for organic solar cells -- a champion cell on a small area with 10.7 percent efficiency.  Long-term reliability and degradation issues remain with the technology, however. In 2009, GTM Research estimated worldwide capacity of OSCs to be just 5 megawatts. Konarka's main business for the last decade has been fundraising: the firm has won more than $150M from Chevron, Good Energies, Draper Fisher Jurvetson, Konica Minolta, Total, NEA, The Massachusetts Green Energy Fund, Vanguard Ventures, Mackenzie Financial, Partech, and many more since 2001. Throw in at least $10 million more in DARPA, DOE, NSF, the U.S. Army, bank loans and credit lines in the last ten years. Organic and dye-sensitized solar cell \(DSSC\) developers include Dyesol, Heliatek, Solarmer, Plextronics, EPFL, Mitsubishi, Peccell, and G24i. Dyesol, a publicly traded firm, builds equipment to manufacture DSSCs. Eight19 Limited raised $7 million from the Carbon Trust and Rhodia to develop plastic organic solar cells. Ireland's SolarPrint has eliminated the liquid part of DSSC and replaced it with nanomaterials and printing. This means that all of the active elements of SolarPrint's cells are applied through printing. Intel has done some research into OSCs, as well.   Image from NREL   These low efficiencies leave OSCs to niche applications such as portable electronics, automotive, and the promised-land market of building-integrated photovoltaics \(BIPV\), which includes windows and facades, as well as concrete and other building materials. There is no real BIPV market today in the true sense of BIPV. \(See "The Realities of Building-Integrated PV."\) There are also military applications. One of the appeals of third-generation thin-film solar cells is that they can be manufactured using solution-based, low-temperature, roll-to-roll manufacturing methods, using conventional printing techniques on flexible substrates. That is the sirens' song that has kept the VC money flowing. The question remains: can organic solar cell technology be successfully commercialized in an unforgiving solar market dominated by low-cost crystalline silicon and First Solar's cadmium telluride?  

Konarka Technologies Frequently Asked Questions (FAQ)

  • When was Konarka Technologies founded?

    Konarka Technologies was founded in 2001.

  • Where is Konarka Technologies's headquarters?

    Konarka Technologies's headquarters is located at 116 John Street, Lowell.

  • What is Konarka Technologies's latest funding round?

    Konarka Technologies's latest funding round is Dead.

  • How much did Konarka Technologies raise?

    Konarka Technologies raised a total of $140.8M.

  • Who are the investors of Konarka Technologies?

    Investors of Konarka Technologies include Konica Minolta, Threshold Ventures, Chevron Technology Ventures, Bregal Energy, Vanguard Ventures and 22 more.

  • Who are Konarka Technologies's competitors?

    Competitors of Konarka Technologies include Comdel, HelioVolt, Nanosolar, PI Energy, Hydrovolts and 12 more.

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