Home > Uncategorized > Millenium Technology Prize for Solar Innovator

Millenium Technology Prize for Solar Innovator

A professor who invented low-cost solar cells that can be incorporated into energy-producing windows has been awarded the Millennium Technology Prize by the Technology Academy in Finland. The Swiss Professor Michael Grätzel was awarded with the prize of 800,000 Euros, which is one of the biggest technology prizes in the world. The award was established to help aim technological development to a “more humane direction” and is handed out once every two years.

The Technology Academy awarded the special prize as, based on the materials and manufacturing steps involved, the cost of Grätzel cells could come under the $1 per watt. This would be a major cost breakthrough point for solar electricity on a global scale. Grätzel’s invention is called the nanostructured dye-sensitized solar cell.  It is also called a dye solar cell (DSC) or unsurprisingly the ‘Grätzel cell’. This potentially disruptive technology mimics the energy processes of green plants or photosynthesis.

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: