Solarmer, a leading developer of polymer based OPV technology, has now broken the efficiency record for the 4th consecutive time, all in last two years.

In 2009 alone, Solarmer produced three certified world records - 6.8%, 7.6% and 7.9%. This new world record is made possible through the efforts of the R and D team, led by Dr. Jianhui Hou, Director of Research, who developed new polymers for higher efficiency. Dr. Yue Wu, Managing Director, is very pleased with the result.

"The team has done it again. This is an important milestone for our company, and it gives us confidence that we are on the right path to OPV commercialization."

OPV panels are flexible and light weight, and are able to generate low cost clean energy from the sun. Attractive and colorful, customizable shapes and sizes, and better low light performance are just a few in a long list of unique characteristics of OPV panels.

This cutting-edge technology has the potential to drive energy production cost down to 12-15 cents/kWh and much less than $1/W.

"Going beyond 8% - a psychological barrier for the OPV industry, is an important step forward for both Solarmer and the solar energy industry," said Woolas Hsieh, president of the company.

"This confirms OPV technology is on the right course to become a cost effective and competitive technology. We are very proud to be the first company to surpass this 8% barrier. We would like to expand our partnership with other companies, who have expertise in production technology, packaging, and other areas, to bring OPVs to the market. Our next target is to reach 10% efficiency by the end of 2011."

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