New Mexico Patent of the Month – March 2021
Multijunction solar cells are made of stacked layers of single junction solar cells. This way, from top to bottom, each layer has a smaller bandgap than the last. This gives a more comprehensive absorption and conversion of photons. SolAero Technologies, Corp. has designed an enhanced solar cell with a window layer using the multijunction method.
Their design uses a base layer, emitter layer, and window layer. The window layer is made of semiconductor material in a latticed pattern. The lattice gaps at the top of the window are largest, and the lattice compresses towards the bottom equal to the compression of the multijunction solar cells. This combined compression helps to improve light capture throughout the cell and results in a greater solar cell efficiency. This improved conversion and efficiency is great for use on Earth as well as solar powered space equipment, which are dependent on efficiency to make the solar panels cost effective.
Are you developing new technology? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
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Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
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The Research & Experimentation Tax Credit (or R&D Tax Credit), is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States. The credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return. For the first three years of R&D claims, 6% of the total qualified research expenses (QRE) form the gross credit. In the 4th year of claims and beyond, a base amount is calculated, and an adjusted expense line is multiplied times 14%. Click here to learn more.
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