Eight19 wins prize for best business case at LOPE-C Investor Summit

June 26, 2012, Cambridge UK:  Eight19 has been awarded the prize for “Best Business Case” at the Investor Forum at the annual LOPE-C Organic Electronics conference in Munich. A jury of distinguished Investors, Industry leaders, and representatives from the sponsors, selected winners for two competitively contested awards: one for Best Business Case and the other for Most Impactful Technology or Product.

The 3rd Annual LOPE-C Investor Summit is organized and initiated by the OE-A (Organic and Printed Electronics Association) in cooperation with the European Commission (DG INFSO). It is the premier forum for investors and early-stage companies in organic and printed electronics.

Eight19 presented Indigo, a technology to enable a new pay-as-you-go business model for organic solar power that eliminates the high up-front costs normally associated with renewables and provides clean power for less than half the customers’ current energy spend. While the on-grid market for solar is maturing, there exists a large – and largely underserved – off-grid market of 1.3Bn potential customers in emerging markets requiring basic energy for which solar PV is well suited. 

The Investor Summit Judging Panel comprised an international panel of experts including Dr. David Fyfe, Sumitomo Chemical (Investor Forum Chair), Dr. Alexei A. Andreev, Harris & Harris, Dr. Thomas Skordas, EU Commission and Dr. Davor Sutija, Thinfilm Electronics.

This year’s LOPE-C (Large-area, Organic & Printed Electronics Convention) was organized for the first time jointly by Messe München International and the OE-A.  LOPE-C is the world’s leading conference and exhibition for organic and printed electronics.  Economic trends and scientific advances for the entire field are presented over the three day event with the exhibition section focusing on manufacturing techniques and applications. More than 180 speakers from 27 countries and over 100 exhibitors from 17 countries showcased their products and presented new developments and manufacturing solutions at this year’s conference. 

Indigo pay-as-you-go solar was also awarded at Rio+20 this week a World Business and Development Award and named part of the global Sustainia100

Eight19’s CEO Simon Bransfield-Garth said: “Eight19 is delighted to have received the 'best business case' award at LOPE-C for Indigo. The award reflects Eight19’s view that despite the challenging times for solar technology providers, the future for organic electronics remains bright.”

See the Organic and Printed Electronics Association's press release here