November 22, 2010
Virginia technology company Luna Innovations is using federal stimulus money to develop what it hopes will be a breakthrough for solar cell technology.
Roanoke-based Luna Innovations was awarded $1.65 million in stimulus money over three years from the Department of Energy for two solar cell projects in Danville.
The Danville Register & Bee reports that scientists and technicians at Luna nanoWorks in Danville are working on improving the efficiency and manufacture of ingredients for organic or plastic solar cells.
Researchers say the cells would be less expensive to produce than the traditional cells and also would be more lightweight and pliable.
Luna had started on the solar cell research before the stimulus money became available.
The federal funding required matching funds from Luna.