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Solarmer Energy is using technology from UCLA and the University of Chicago to develop polymer-based solar cells that are more efficient at converting sunlight to electricity. The El Monte, Calif.-based firm was formed in 2006 to commercialize technology developed in the UCLA lab of materials scientist Yang Yang. Now, Solarmer has licensed rights to PTB1, a semiconducting polymer developed by University of Chicago chemistry professor Luping Yu. Solarmer is targeting sunlight conversion rates of 8%, versus 5 to 6% for competing polymeric materials.
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