May 5, 2009 — Konarka Technologies Inc., which develops nanotechnology-based Power Plastic that converts light to energy, has entered into an advanced product development agreement with Florida-based Arch Aluminum & Glass Co. Inc.

The companies plan to collaborate on building integrated photovoltaics (BIPV), photovoltaic materials used to replace conventional building materials, according to a Konarka news release.

The memorandum of understanding (MOU) outlines the integration of Konarka’s patent-protected thin-film solar material into glass for various commercial BIPV applications. BIPV is one of the fastest growing segments of the photovoltaic industry.

“Konarka is making great strides with our aggressive plans to expand into various markets, including building and construction,” commented Rick Hess, president and CEO at Konarka. “Because our solar material is flexible, lightweight and semi-transparent, it integrates easier and is more aesthetically appealing than other solar products, making it ideally suited for BIPV applications. We expect that our collaborative work with Arch Aluminum & Glass will advance the delivery of Konarka Power Plastic on a large scale basis into this market segment.”

In October 2008, Konarka opened what it calls the largest roll-to-roll flexible thin film solar manufacturing facility in the world, preparing for the commercialization and mass production of its solar material for various market segments including sensors, consumer products, tent and fabric structures, greenhouses, marine and boating, building construction, as well as fashion and accessories, among others.