Ranford Herman

Princeton, NJ (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)

NanoPV Solar Inc. USA

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Location: Princeton
Industry: Manufacturing
Year Founded: 2010
Number Employees: 1-10 people
Business Stage: Growth (not profitable)
Entity Type: "C" Corporation
Description: NanoPV Solar USA is executing plans to establish an advanced solar module manufacturing facility in the USA. The facility will utilize NanoPV's proprietary, most advanced and proven solar PV technology. NanoPVSolar Inc. (URL removed) a solar PV industry technology leader with PV manufacturing technology already deployed in several countries around the world. NanoPV provides high energy-efficiency and cost-effective Silicon-based PV technology. Its unique and highly profitable solar manufacturing technology is based on Nano-crystalline silicon and proprietary light-trapping technologies used for thin-film and crystalline silicon module manufacturing, NanoPV provides the lowest solar manufacturing cost-per-watt in the world resulting in the lowest solar system/project cost. Due to this factor, NanoPV has achieved total installed system cost of less than $1 per watt. NanoPV's solar manufacturing technology and systems are field proven with successful manufacturing facilities deployed in Taiwan, Thailand and India as well as Solar systems in Taiwan, Thailand, USA, Europe and in India. NanoPV-Solar USA's team led by a world-renowned solar pioneer, scientist, inventor and successful entrepreneur in the field of solar photovoltaics with nearly 25 years of experience in Solar energy. The executive team of NanoPV has very several years of experience in executing successful solar and renewable energy projects around the world. With NanoPV’s strong experience in Solar manufacturing and cost-effective process from Asia, NanoPV-Solar USA is executing this US based manufacturing facility. In addition, due to the current WTO regulations and anti-dumping penalties, the solar modules from the NanoPV-Solar USA US manufacturing facility will have tremendous advantage over solar modules manufactured from China and Taiwan which constitute 70% of the global module supply. As the solar industry continues to grow year over year currently with 35GW of global demand and with over 8GW of domestic demand in the US, NanoPV-Solar USA is poised to be the leader in the US solar PV modules industry due to its proven, proprietary, cost-effective and high energy efficiency solar modules. The initial capacity of the facility is planned for 100 MW, and this will be expanded to 1GW in the next five years. The facility will be profitable in its first year of operations and with its cash-flow being sufficient to fund the expansion to 1GW capacity. The Knowledge Base: Anna Selvan John, PhD • World-renowned pioneer and Scientist in the field of Solar Energy • Ph.D. Institute of Micro technology, Neuchatel, Switzerland. (22 years’ experience) • Two Masters Degrees from Anna University and the Indian Institute of Technology (IIT) • Inventor of the most important third generation solar technology used by solar energy and technology companies (USA, Thailand, Taiwan, China, Spain, Switzerland, Indonesia &India) • Pioneering scientists who pioneered the Nano crystalline Si solar cell development. • Written numerous peer reviewed research articles, conference papers, books. He has delivered lectures and chaired many international conferences. • He has led various European Union and DOE USA solar PV projects.