Innovalight Chief Awarded For Making Solar Cells (And Industry) More Efficient

The chief executive and president of Innovalight, Conrad Burke , won the 2010 Ernst & Young Emerging Entrepreneur of the Year award, the companies announced today, following the ceremony in Dublin, Ireland earlier this week. The award recognizes "entrepreneurs who are building and leading successful, growing and dynamic businesses" according to an E&Y press statement. According to Innovalight's website its silicon ink technology improves the photon to electron conversion efficiency of solar cells by one percent absolute, which can drive the cost of solar energy down by six percent. Solar cells are semiconductor devices that convert photons from the sun into electrical current. The U.S. Department of Energy backed Innovalight in 2008 with a $3 million grant for...