Thursday, December 13, 2007

Summary of today’s technical press release provided by China Nuvo Solar Energy Inc.

The company has obtained a license to develop and manufacture new solar energy technology. The new technology will address three problems facing today’s solar energy field. 1. The shortage and high cost of using silicon to manufacture today’s solar panels. The company’s solution is to use cheap and easily obtainable ceramic. 2. The high manufacturing costs of using vacuum chambers to produce solar panels. The company’s solution is to use a ceramic sleeve that will eliminate the need for vacuum chambers or a vat with a molten material to manufacture solar panels. 3. Today’s production of solar panels is highly labor-intensive. The company’s solution is to locate the manufacturing facility in the Peoples Republic of China

where skilled low cost labor is plentiful and as a value added bonus the plant will be located in close proximity to the raw materials necessary to produce the solar panels. This will greatly reduce the costs of transportation.

Finally the company believes the licensed technology will increase by 37% the light trapping ability of the solar cells. The increase in solar power generated will make the company’s solar panels competitive with today’s coal fired electricity generation.

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