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press release news & press home
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Collaboration Between European Union and Konarka to Result in Wide-Spread Adoption of a New Source of Power at Less Than ?1 Euro Per Watt
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FOR IMMEDIATE RELEASE
Lowell, MA, U.S.A. March 24, 2004 Konarka Technologies, Inc., an innovator in developing and manufacturing breakthrough products that convert light to energy, announced that its European subsidiaries, Konarka Austria in Linz, Austria, and Konarka Technologies AG in Zug, Switzerland, have been selected to participate in a consortium of leading European photovoltaic research agencies. Konarka will provide a key role in testing, evaluation, and manufacturing of a new breed of high-efficiency, low-cost photovoltaic cells.
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Konarka Technologies Aligns Management Team for Commercialization of Advanced Photovoltaic Products
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FOR IMMEDIATE RELEASE
Lowell, MA, U.S.A. February 27, 2004 Konarka Technologies, Inc., an innovator in developing and manufacturing breakthrough products that convert light to energy, announced that Dr. Bill Beckenbaugh has been appointed as the Chairman of Konarkas Scientific Advisory Council (SAC). The planned advancement is consistent with Konarkas ongoing successful business strategy to continue the Companys rapid transition from research and development to commercializing products. Dr. Bill Beckenbaugh led Konarka through its initial phase to establish a foundation on which the company could quickly commercialize and bring breakthrough photovoltaic technologies and products to market. Howard Berke, Konarkas Chairman and CEO, will direct Konarkas team in conjunction with Daniel Patrick McGahn, Executive Vice President and Chief Marketing Officer, and Randolph W. Chan, Executive Vice President of Operations, Manufacturing, and Engineering.
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Worlds Largest Utility Company, Groupe Electricité De France, Moves Forward With Konarka Technologies, Inc.
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FOR IMMEDIATE RELEASE
Paris, France and Lowell, MA --September 29th, 2003-- Konarka Technologies, Inc., today announced that it has entered into a cooperation with Groupe Electricité de France (EDF). EDF is the worlds largest utility, operating a diverse portfolio of 120,000+ megawatts of generation capacity in Europe, Latin America, Asia, the Middle-East and Africa, and it serves 45 million customers worldwide. Working through EDFs Easenergy team based in the Silicon Valley, the companies will collaborate to develop and launch Konarkas polymer photovoltaic products into the global market to provide a source of renewable power in a variety of form factors for commercial, industrial, government and consumer applications. Konarkas photovoltaic nanotechnology is focused on delivering lightweight, flexible, scalable and manufacturable products. In a fraction of a day, the sun delivers enough energy to supply the worlds power needs for a year. Konarkas technology converts sunlight as well as indoor, artificial light into direct current electrical power. The company uses unique, proprietary low-temperature production methods to put the photovoltaic cells onto flexible, lightweight plastics. Under the terms of the agreement with Konarka, EDF will contribute expertise from its European operations to accelerate the development and roll-out of Konarkas polymer photovoltaic products.
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Konarka Technologies Secures up to $2 Million Line of Credit From Silicon Valley Bank
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FOR IMMEDIATE RELEASE
Lowell, MA --September 8, 2003-- Konarka Technologies, Inc., today announced that Silicon Valley Bank, a subsidiary of Silicon Valley Bancshares (Nasdaq: SIVB), will provide the company with a revolving line of credit of up to $2 million. This follows Konarkas recent disclosure that the United States Army has also funded Konarka to develop the companys photovoltaic technology to provide the Army with a source of lightweight, flexible, scalable and renewable power in a variety of form factors for military applications. Konarka leverages nanotechnology and conducting polymers to provide a source of renewable power. Konarkas technology converts sunlight as well as indoor, artificial light into direct current electrical power. The company uses unique, proprietary low-temperature production methods to put the photovoltaic cells onto flexible, lightweight plastics.
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Konarka Technologies Named as Nominee for the 2003 World Technology Awards
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World Technology Network Nominates Konarka for Award in Energy Category
FOR IMMEDIATE RELEASE
London, San Francisco -- June 24, 2003 -- The World Technology Network (WTN) announced today that Konarka Technologies, Inc., the leading developer of polymer photovoltaic products, has been selected as a nominee for this years World Technology Awards in the category of Energy. Konarka leverages nanotechnology and conducting polymers to provide a source of renewable power in a variety of form factors for commercial, industrial, government and consumer applications. The award will be presented in association with NASDAQ, Accenture, TIME magazine, Dupont Textiles and Interiors, Technology Review magazine, Science magazine and Genencor International. Konarkas technology converts sunlight as well as indoor, artificial light into direct current electrical power. The company uses unique, proprietary low-temperature production methods to put the photovoltaic cells onto flexible, lightweight plastics.
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Konarka Technologies Acquires Quantum Solar Energy Linz (QSEL)
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Acquisition Makes Konarka Worldwide Leader in Organic Photovoltaics
LOWELL, Mass. and Linz, Austria February 10, 2003 Konarka Technologies, Inc. (KTI), an innovator in the development of flexible, polymer and nanoparticle-based photovoltaic (PV) technology, announced today that it has acquired Quantum Solar Energy Linz (QSEL), based in Linz, Austria, from Linz AG, the regional utility company. The company has been re-named Konarka Austria Forschungs- u. EntwicklungsgesmbH (Forschungs- u. Entwicklungs is translated as Research and Development). With this acquisition, Konarka is the worldwide leader in organic photovoltaics.
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Technology Leader Bill Beckenbaugh Named Konarka Technologies President and Chief Executive Officer
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Seasoned Executive Brings Over 28 Years of Experience to Ground-Breaking Company
LOWELL, Mass. - July 16, 2002 - Konarka Technologies, an innovator in the development of flexible, polymer and nanoparticle-based photovoltaic technology, today announced the appointment of Bill Beckenbaugh, Ph.D, to the position of President and Chief Executive Officer. As CEO, Beckenbaugh will leverage his experience in the commercialization of new technologies to drive the growth of the company and its evolution from an R&D-based firm to a manufacturer and provider of products.
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