Assam: US Firm To Manufacture Quantum Dot Driven Solar Cells In Association With State PSU AMTRON


Assam: US Firm To Manufacture Quantum Dot Driven Solar Cells In Association With State PSU AMTRON

United States based firm Quantum Materials Corporation (QMC) has signed an agreement with Amtronics CC for development and commercial manufacture of ultra-high definition display panels (UHDTV), solid state lighting (SSL) LEDs and quantum dot driven thin-film solar cells (QDSC) in Assam, Mercom India has reported.

The necessary bank guarantees for moving the project to completion is being provided by Assam Electronics Development Corporation Limited (AMTRON), a public sector undertaking of Assam government.

Under the terms of the agreement, QMC will get an immediate upfront license fee of $1 million in addition to technology development funding, scheduled milestone payments and royalties on all quantum dots solar cells production.

Amtronics CC and AMTRON have formed a joint venture, Qamronics India PVT, for the production of quantum dots solar cells, with its operations based in Assam. Read More

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