industry news ♦ Solar
an alternate for the use of silicon solar cells, has accelerated the industry’s interest levels which have not only led to additional license discussions for XsunX but has also allowed the Company to work towards executing its plan to develop JV License agreements to deliver the technology package through existing manufacturers.
This combination of leveraging existing branded manufacturers to deliver its systems and having branded module assemblers integrate the CIGSolar technology into their products allows XsunX to significantly reduce the need for debt or equity financing necessary to build factories directly while also providing bankability for its technology through proven manufacturers of solar modules.
Deposition of the CIGS cell layers was conducted on full size 125 mm square substrates. Test configurations used to measure efficiency are identical to that used by the National Renewable Energy Laboratory and XsunX test equipment is calibrated to the standards of the National Institute of Standards and Technology (NIST) standards.
XsunX is pioneering a new manufacturing process to produce low cost, high efficiency thin-film CIGS solar cells through the combination of thin-film photovoltaic (TFPV) process knowledge with select magnetic media thin-film manufacturing technologies pioneered in the hard disc drive industries. The company believes that leveraging small area and high rate production methods will reduce the processing defects plaguing large-scale production processes currently implemented in the marketplace.
Solarion Wins €60 million Contract with Major Asian Investor
The CIGS module supplier has secured the investment from Walsin Lihwa to construct a solar fab with 140 employees in Leipzig, Germany.
Through its wholly owned subsidiary, Ally Energy, Walsin Lihwa will invest €40 million and take a 49 % stake of Solarion, a specialist in flexible thin film CIGS solar cells and modules.
Under involvement of the Development Bank of Saxony the investment is awarded with a grant of more than €20 million.
In the first instance, an integrated cell and module factory with an annual production output of 20 megawatts and a staff of 140 employees will be constructed in the near vicinity of the BMW Leipzig assembly plant.
Subsequently the firm plans to set up a manufacturing plant with 180 megawatts of annual production capacity. In addition, both parties have signed agreements on technical cooperation and licensing in order to enhance the thin-film technology.
After several years of development this paves Solarions’s way into mass production.
“We are pleased that we have found Walsin Lihwa, a global player and a strong partner, to support our long-planned global expansion strategy of cost leadership,” explained Karsten Otte, CEO of Solarion. “Through our advanced technology and novel solar module properties, we will significantly decrease the cost of photovoltaic power generation.”
“The company also received support of various sites in its recent development. We want to express our thanks especially to the Saxon Development Bank, CMS Hasche Sigle Düsseldorf, Euflex, Apricum and the Economic Development Offices of Saxony and Leipzig,” Otte concluded.
“The CIGS technology has the highest efficiency potential in the photovoltaic thin film area. Together with the favorable cost structure of Solarion’s processes, we will attain a leadership position in the photovoltaics market,” said Yu-Lon Chiao, Chairman of Walsin Lihwa. “A sustainable energy supply is one of the most important social and political challenges. Therefore, the cooperation with Solarion is an important step in the business development of Walsin Lihwa.”
“In the past years Solarion has developed a powerful solar technology in cooperation with research and industrial partners. I am especially pleased that this technology will be transferred into mass manufacturing together with the Asian company Walsin here in Central Europe. This
November/December 2010
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