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Moser Baer to invest $11.5 million for Organic LED project
By siliconindia
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Friday, 29 October 2010, 22:35 IST
New Delhi:US-based Moser Baer Technologies,will invest $11.5 million to acquire equipment for setting up a pilot production facility for developing organic light emitting diodes (OLED), touted as the future of lighting technology.
"OLED lighting products will require new manufacturing technologies which will be developed and deployed in this very first OLED pilot production line in the world," Moser Baer Technologies' CEO, Dr G. Rajeswaran, said.
The initiative is supported by a $4-million grant given by the US Department of Energy to the company's partner, Universal Display Corp, for innovation of OLED technology for use in flat panel displays, lighting and organic electronics.
Besides Universal Display, the College of Nanoscale Sciences and the Engineering Smart System Technology and Commercialisation Centre will also be involved in the project. The pilot facility is being set up in New York.
OLED, like the LED or light emitting diode technology, are semiconductor technologies that follow broadly similar manufacturing techniques. But the two technologies differ in their structure and the type and intensity of light they produce. LEDs are distinct points of light, while OLED-based lights emit light evenly across a thin panel of glass, producing more diffused light.
Dr Rajeswaran also said Moser Baer India has been given a grant from the Ministry of New and Renewable Energy to engage in the development of Copper Indium Gallium di-Selenide (CIGS) solar cells. "CIGS solar cells promise the next frontier in affordable thin film PV technologies. Our aim is to address the gap between large scale efficiencies of around 11-14 per cent and lab efficiencies of 19-20 per cent of the CIGS technology," he said.