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DuPont Expands Production Of Solamet PV Metallization Paste System
Dongguan, China (SPX) Jun 16, 2008 To meet the needs of the fast-growing photovoltaic (PV) solar energy market, DuPont will expand production of DuPont Solamet thick film metallization pastes at its Electronic Materials DuPont Dongguan Ltd. (EMDD) facility here. The company will more than double manufacturing capacity of Solamet pastes as part of its overall strategy to more than triple its sales to the photovoltaic industry. DuPont expects that its sales into photovoltaics within the next five years will be over $1 billion - up from about $300 million at present. DuPont anticipates that the PV market will grow by more than 30 percent in each of the next several years, driving demand for existing and new materials that are more cost effective. "The PV industry is in the midst of a substantial surge globally, and demand for solar as a renewable energy source will continue to increase," said Timothy P. McCann, vice president and general manager -- DuPont Electronic Technologies. "We are expanding Solamet production to support increased demand. Through future development, we will accelerate our ability to deliver innovations that will further drive down PV system costs and improve the lifetime and performance of solar modules. As a leading global materials supplier to the photovoltaic industry, we are using our science to make the use of renewable energy easier for everyone." DuPont Solamet thick film metallization pastes are used for front and back side metallization of solar cells, enabling solar cell manufacturers to significantly reduce their cost per watt by achieving higher cell efficiencies, higher production yields and lower material consumption. The Solamet expansion in Asia represents a significant investment that will help DuPont keep pace with global demand and ensure its customers have enough volume of material to meet their needs. The Solamet expansion is in line with several other significant investments DuPont has made in product development and capacity increases for the photovoltaic solar energy market, including a recent announcement that it soon will begin construction on a research center in Hong Kong and a manufacturing facility in Shenzhen to help meet demand for new and existing products that serve the emerging amorphous silicon thin film PV market. DuPont was the first multinational company to establish a production facility for thick film microcircuit materials in China. Since its startup in 1996, the Dongguan facility has been serving the growing China electronics market for products that support such industries as telecommunications, automotive electronics, passive components and photovoltaics. Related Links All About Solar Energy at SolarDaily.com
Pricester Acquires Solar Energy Company And Genesis Electronics
Hollywood FL (SPX) Jun 12, 2008Pricester.com has announced the acquisition of Genesis Electronics in a stock-based transaction. Genesis, a high technology company headquartered in Norwalk, Connecticut, is an innovator in consumer applications for solar energy and alternative energy sources. |
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