• Belectric organic solar cell development targets facades and automotive applications.

The group was the leading manufacturer of “Power Plastic,” a thin, film-like organic photovoltaic material with a low weight and a wide range of uses. The German subsidiary of the US company Konarka Technologies Inc. applied for insolvency shortly after its parent company around the mid-point of the year and opened negotiations with several investors. An agreement has now been reached with the leading systems integrator BELECTRIC, which is based in Kolitzheim (Bavaria).

As BELECTRIC OPV GmbH, the whole team headed by former Director of European Operations and current CEO Dr. Ralph Pätzold will work closely with headquarters in Kolitzheim to build further on its successful work on innovative photovoltaic technology at the Nürnberg site; this will include research, development and production as well as international distribution of the printed photovoltaic cells. BELECTRIC OPV will continue to enhance the product over the coming year. The first phase will see the increase of the service life of the organic solar cells and various tests will be performed. Michael Belschak is expecting the first revenue to be generated as early as the second half of 2013.