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Magnolia Solar Corporation Announces NYSERDA Program Award for Development of Low Cost Nanostructure-Based Thin Film Solar Cells

This is a sponsored guest post written by Editor Newswire on behalf of Magnolia Solar Corporation. Post powered by Sponzai.

WOBURN, MA – (EDITOR NEWSWIRE)- Magnolia Solar Corporation (OTC.BB:MGLTNews) ("Magnolia Solar"), a developer of low-cost, thin-film photovoltaic modules used in defense and commercial applications, announced today that its wholly owned subsidiary has recently received a $1 million award from the New York State Energy Research and Development Authority (NYSERDA). This award is to develop advanced thin-film solar cells in partnership with the College of Nanoscale Science and Engineering ("CNSE") of the University at Albany.

Magnolia Solar has the technology to capture a broader spectrum of the sun’s energy and to reduce energy losses due to reflection. This technology uses non-toxic materials on low-cost substrates to produce high-efficiency, low-cost solar cells. Magnolia Solar will work in close collaboration with faculty and scientists from CNSE’s Energy and Environmental Technology Applications Center ("E2TAC") at CNSE’s Albany NanoTech Complex to demonstrate its technologies in nanostructure-based thin film solar cells. The program, which is designed to improve energy efficiency while reducing production costs, is also being supported by Professor Fred Schubert at RPI. Magnolia Solar has received a NYSERDA order for the first phase of this three-phase development program.

Dr. Ashok K. Sood, President and CEO of Magnolia Solar Corporation, commented, "We are delighted to receive this critical funding from NYSERDA, and to have the opportunity to play a role in providing future energy solutions for New York State. We are committed to growing in the Albany region, supported by the world-class intellectual and technological infrastructure at CNSE’s Albany NanoTech Complex." Dr. Sood continued, "Magnolia Solar’s mission is to provide environmentally responsible and low-cost solutions for the solar power industry, and to be an integral part of New York’s green energy future."

Dr. Pradeep Haldar, CNSE Professor and Head of NanoEngineering and Executive Director of E2TAC, commented, "We look forward to working closely with Magnolia Solar on this innovative clean energy research, which enhances New York’s push to accelerate the development of renewable and environmentally friendly energy technologies. This partnership further demonstrates CNSE’s growing portfolio in supporting both innovative technologies and companies in the critical alternative energy sector."

Francis J. Murray, Jr., NYSERDA President and CEO, stated, "NYSERDA is pleased to help Magnolia expand their work in New York State. NYSERDA’s early-stage investments in innovative, environmentally-friendly technologies offer the promise of new jobs and industries for New York in the future. The new products that result from these investments will help us realize Governor David Paterson’s vision for a clean energy economy that uses new and emerging technologies to save energy, create jobs, and improve our environment."

About Magnolia Solar Corporation: Magnolia Solar Corporation, through its wholly-owned subsidiary, Magnolia Solar, Inc. is commercializing its nanotechnology-based, high efficiency, thin film technology that can be deposited on glass and other flexible structures. This technology has the ability to capture a larger part of the solar spectrum to produce high efficiency solar cells, and incorporates a unique nanostructure-based antireflection coating technology to further increase the solar cell’s, thereby reducing the cost per watt.

Magnolia Solar is focused on becoming a highly competitive, low cost provider of thin-film photovoltaic modules for terrestrial applications for defense and commercial markets. Magnolia’s primary goal is to introduce modules that offer significant cost savings per watt over traditional silicon based solar cells. Its technology solution is also suitable for use in electrical grid and distributed power requirements such as lighting, residential, and commercial applications.

For more information, please visit www.MagnoliaSolar.com.

Forward-Looking Statements: This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Contact:


For more information contact:
Hanover Financial Services
Ronald J. Blekicki
Email Contact
303-494-3617 

Organic Chemical Free Gardening

Every year, thousand of chemicals are poured into the environment and millions of gallons of water are needlessly wasted. How? By growing plants. Sure, most of this is done by large agricultural producers, but some of it is still done in personal gardens. And that means that you can make a difference by changing your gardening practices. There are many agricultural producers who have done it, and you can use the same tricks to help your own garden, and the planet.

Pick appropriate plants. Not all plants are appropriate for the area you live in. While you might be able to control the temperature, humidity, and rain conditions inside your house, you can’t do it out in the garden. If you pick appropriate plants for your area, you may be able to avoid using fertilizers and saving on water too. Research, what plants are native to your surrounding areas and try planting them in your own garden. Wildflowers, are just that, they can pretty much be left alone and will thrive in most areas.

Pick natural repelling plants. You don’t need to rely on poisons to keep away garden ruining pests. Many plants produce chemicals that repel these animals naturally. By putting them in or around you garden, you can keep your garden safe with little effort and no chemicals. Plus, you can pick parts of these plants and use them to make products to keep them away from you too.

If you don’t want to plant natural repellents in your garden, you can use them to spray your plants without harming them or adding artificial chemicals to your garden. Many herbs like hot pepper, vanilla, and lavender can help repel insects from your garden.

Pull weeds. We’re all looking for a quick and easy way to safely get rid of weeds without chemicals, but the good old fashioned way is still very effective. It you take time every day to pull the weeds you can find, you’ll only take a few minutes so it doesn’t seem like a lot of work. You can even get the kids involved, just be sure to do it properly so you don’t spread the seeds around. There are even some common weeds that are edible, just make sure there are no pesticides that could have gotten on them.

Crop rotation. Farmers all over the world use crop rotation to naturally fertilize plants. The concept is to change what crop you’re putting in a certain field each year. Plants use different nutrients and put other nutrients back into the soil. If you rotate crops that replace the nutrients the other plants use, you will have to fertilize the soil less.

You can use this same concept in your garden by planting different plants every year, or just rotating where you put specific plants in the garden.

So, you’ve made all these changes and are using a low-water, chemical free garden? Well, you still haven’t done the most important thing: pass it on! One garden can make a dent, but more can make a bigger difference. Tell your friends, teach your kids, you can even visit their school and teach your kids friends! Every little bit helps make a better world.

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