RoseStreet Labs, LLC & Sumitomo Chemical Co. Ltd. (Sumitomo) formed a joint venture, Rosestreet Labs Energy, Inc. (RoseStreet Energy), for the development and manufacturing of full spectrum solar cells for the renewable energy markets. The joint venture is headquartered in Phoenix, Arizona.
RoseStreet Energy is commercializing next-generation technology utilizing full spectrum solutions that can potentially achieve practical efficiencies above 48% in both single junction and multi-junction devices. RoseStreet Energy has exclusive patent licenses from both Lawrence Berkeley National Laboratory (Berkeley Lab) and Cornell University for unique semiconductor devices that use a significantly larger fraction of the solar spectrum compared to existing products. Press Release
Solar Array Photos Courtesy Concentrating Technologies, LLC and APS