Nanotechnology firm Nanoco has successfully developed a bespoke solar ink, which can be used for the production of solar cells.
The company started working on the product after signing an agreement with electronics firm Tokyo Electron in June.
It received a "milestone payment" after delivering the ink to the Japanese manufacturer. In the next phase of the project, the company would try to enhance the efficiency of the solar power.
Manchester University spin-out Nanoco produces quantum dots - tiny fluorescent particles of semiconductor material which can emit light.
The dots, which help to reduce energy consumption, can be employed in flat screen television sets and mobile displays.
They are also capable of absorbing light and so Nanoco has been using the technology for solar power.
Michael Edelman, the company's chief executive, said: "This milestone in our agreement with Tokyo Electron represents another major step for Nanoco and is further endorsement of the potential of our technology in the solar power sector."
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