PARC, Startup Aim to Cut Solar Costs
Mark LaPedus, EETimes, February 16, 2006
Seeking to lower the cost of solar energy by up to 50 percent, the Palo Alto Research Center (PARC) on Thursday (Feb. 16) announced a partnership with SolFocus Inc., a manufacturer of low-cost solar energy systems.
Under the plan, PARC (Palo Alto, Calif.), a subsidiary of Xerox Corp., is contributing core patents and long-term technology development support for current and next-generation product lines in exchange for royalties and equity in SolFocus.
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