DayStar Awarded $250,000 from NYSERDA

August 18, 2005 by Jeff Shepard

DayStar Technologies Inc. (Halfmoon, NY), a developer of photovoltaic (PV) products, announced an award of $250,000 from the New York State Energy Research and Development Authority (NYSERDA) to develop energy-efficient processes to manufacture solar cells with the goal of reducing the costs of producing each solar cell. DayStar is currently ramping up its proprietary manufacturing process and believes, that at full capacity, it will produce solar cells at large volumes beyond 100 MW per plant.

Co-funding from NYSERDA's Industrial Process and Productivity Improvement program will help DayStar lower the cost of producing solar power while also reducing the energy used in manufacturing and advancing DayStar's environmentally friendly production process. The Industrial Process and Productivity Improvement program encourages innovative process and productivity improvements that demonstrate a quantifiable energy benefit at industrial facilities in New York state.

"NYSERDA has been incredibly supportive every step of the way since it helped DayStar Technologies move to New York state from California in 2004," said DayStar Vice President of Engineering Steve Aragon. "This co-funding will help us reduce the costs of producing our propriety solar cell by increasing the speed and reducing the energy used in the process. As a renewable energy company, we're focused on using the least amount of energy ourselves, regardless of the source."