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energy, cleantech, Solar

1366 Opens Plant in Lexington

Wade Roush 10/16/08

1366 Technologies, a solar-cell manufacturing startup commercializing research by MIT mechanical engineering professor Emanuel Sachs, is holding a grand-opening reception today at its Lexington, MA, pilot plant. Massachusetts Secretary of Energy and Environmental Affairs Ian Bowles is expected to deliver a keynote speech at the event, which will also include tours of the facility. 1366, which is backed by $12.4 million in venture funding from Polaris Venture Partners and North Bridge Venture Partners, is gearing up to build silicon photovoltaic panels using a new cell architecture that its says are cheaper to manufacture than other types of solar cells.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.


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