bluglass to help take australian innovation to

Media Release
Wednesday May 13, 2009
BLUGLASS TO HELP TAKE AUSTRALIAN INNOVATION TO THE CUTTING
EDGE AS THE BUDGET SUN SHINES ON GREEN SECTOR
Behind tough global competition, the Australian Government announced bold plans to reappear as a
world leader in ‘green technology’, in a move that bodes well for Australian innovative and green
technology companies, as well as our environment and economy.
With a $1.5 billion investment in the establishment of four flagship solar power plants on a scale the
world has not seen before, Australia will be implementing cutting edge photovoltaic (solar)
technologies that will generate enough renewable energy to power 3 million Australian homes (the
equivalent of a large coal-fired power station of 1,000 megawatts).
Pioneering Australian green technology company BluGlass Limited today welcomed the new Federal
Budget; “Australia is the perfect backdrop for this scale of innovation being one of two continents with
the greatest direct beam radiation from sunlight, alongside Africa” said CEO Giles Bourne today.
BluGlass Limited last week announced that it is exploring its patented technology in the production of
high efficiency nitride solar cells, which have a theoretical ground breaking efficiency of more than
50%1, more than double the standard commercial efficiencies being retailed today. “This kind of
breakthrough would take Australian innovation to the absolute forefront and will help Australia to
capitalise further on its most abundant natural resource, sunlight” continued Bourne.
In budget news that relates directly to green technology companies such as BluGlass Limited, the
Government has announced the establishment of Renewables Australia, a new innovation body to
promote the development, commercialisation and deployment of renewable technologies with initial
funding of $465 million.
“We will play our part in global efforts to address climate change… and support climate change
science” Senator Penny Wong said.
About BluGlass: BluGlass Limited is an Australian Green Technology company developed to
commercialise a breakthrough in the Semiconductor Industry. BluGlass has invented a new process
using Remote Plasma Chemical Vapour Deposition (RPCVD) to grow semiconductor materials such
as gallium nitride (GaN), crucial to the production of high efficiency devices such as next generation
lighting technology Light Emitting Diodes (LEDs) with significant low cost potential. BluGlass is now
exploring the processes viability in photovoltaic (solar) applications. The BluGlass process is a low
temperature, low cost technology with inherent scalability.
Contact: All enquiries: Stefanie Winwood 02 9334 2302, 0433 307 853 [email protected]
REFERENCES
1. Applied Physics Letters 91, Design and characterisation of GaN/InGaN solar cells.