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If anyone read my blog on LDK, OCTL is a company doing exactly what I said would make solar power available to the masses. Solar powers main obstacle is producing power at a price comparable to public utilities. OCTL has optimized the process of the disposition of silicon nanoparticles onto glass where ultraviolet light is absorbed and converted to electric current. OCTL seems to be moving closer to completing the whole process in a cheaper and more economical fashion.
Can you imagine the impact this could have on energy costs and the environment? HelioVolt is a private company making great strides forward on this technology. Heliovolt is developing a process to print or spray the cells on glass and other building materials. The day is coming when a house can have through the roofing shingles or the glass windows a built in solar power generating station! Lighting and water heating use about 36 % of the average electric bill and both of these uses of power seem to be well within the capabilities of this technology.
No one is putting a time frame on any of this,but OCTL stock has gone up about 50 % since March 24th on the announcement of the new process to apply the silicon nanoparticles onto glass. With a market cap of only $83 million OCTL would also seem to be a prime candidate for acquisition. LDK or FS and the other solar cell makers have to be aware of this new process and I'm sure they are observing these companies.
I like the technical data for OCTL and we are looking at a positive opening for the markets this morning. Solar stocks have been moving up nicely the last few days and I think OCTL will continue to move upward and give us a nice return!
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