Molecular Solar, a spin-out company from the University of Warwick, has won the prestigious Innovation in Development Award at the 2011 Lord Stafford Awards.
The company pioneers ultra-thin, flexible solar panels which can be used in portable chargers for mobile phones and other handheld devices, allowing a convenient means to charge electronic equipment without connecting to mains power.
The solar cells, made from organic photovoltaic materials, can produce voltages of over 4 watts, making the technology suitable for recharging the lithium ion batteries used in many handheld devices - meaning the cells are now ready to be developed for commercial use.
The Lord Stafford Awards showcase collaboration between business and academia in the Midlands and Molecular Solar was recognised for its very successful partnership with Warwick Ventures, the University of Warwick's technology commercialisation company.
Warwick Ventures helped to set up the company in 2008 and has been instrumental in securing funding to enable Molecular Solar to translate the research done in the University's Department of Chemistry into marketable products.