news digest ♦ Solar
Under the terms of the MOU, First Solar and CGN SEDC will work together to execute the 30 MW AC first-phase demonstration project. CGN SEDC will be the majority project owner and operator, performing the engineering, procurement and construction (EPC) functions for the project. First Solar will supply its advanced thin-film solar PV modules to the project and will support CGN SEDC with EPC and O&M advisory services.
“First Solar is honored to be working on the Ordos project with CGN SEDC, a company with demonstrated leadership, expertise and experience. We look forward to working together to make the Ordos project a reality and to contributing to China’s renewable energy goals and market development,” said Sohn.
“We are very pleased to be partnering with First Solar, a global leader in solar PV technology, in developing the first significant solar project to adopt advanced thin-film technology in China,” commented Han Qinghao.
The Ordos project represents the first large-scale solar collaboration between China and the United States and an example of China-U.S. bilateral cooperation on renewable energy.
First Solar manufactures solar modules with an advanced semiconductor technology and provides comprehensive photovoltaic (PV) system solutions. The company is delivering an economically viable alternative to fossil-fuel generation today. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost- effective, renewable energy solutions that protect and enhance the environment.
China Guangdong Nuclear Power Group (CGN SEDC) was established in August 27, 2009. As a wholly-owned subsidiary of China Guangdong Nuclear Power Group, CGN SEDC focuses on solar power investment, construction, operation and maintenance, and is actively involved in related industries. By the end of 2010, CGN SEDC completed construction of solar facilities capable of producing 20MW, and is currently in the process of constructing facilities with a capacity of 70 MW.
AQT Solar Announces First Customer Shipments
The innovative CIGS cell manufacturer, based in California, has achieved commercialization and revenue at a pace which it says is unmatched.
AQT Solar, a leading developer of low-cost copper-indium-gallium-diselenide (CIGS) thin-film solar cells, has shipped its first set of CIGS solar modules.
The company has also shipped cells to several customers and currently has an order backlog of 160MW, approximately 50MW of which is due in 2011. This first shipment rounds out a year of rapid progress and growth for AQT, which included the grand opening of its fully-operational facility in Sunnyvale, California, in August of this year.
AQT achieved this commercial milestone in just two years and with a little over $20M in funding. This rapid path from inception to commercialization validates AQT’s CIGS 2.0 model, a capitally efficient solution that leverages partnerships to reduce costs and time to market while increasing scalability and bankability. Between revenue and order pre- payments, the company is now generating cash and focusing on expansion.
“We set aggressive commercialization goals for 2010 and we achieved them, capped by the delivery of our first customer orders,” said Michael Bartholomeusz, CEO, AQT Solar. “I am extremely proud of what our team has achieved to date and am confident as we enter into the New Year. 2011 and 2012 are going to be very important years for AQT as we transition past the inflection point from commercialization to high volume manufacturing.”
Founded in 2007, AQT Solar deploys a proprietary process on proven manufacturing platforms to produce high-performance, low-cost CIGS thin-film solar cells.
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www.compoundsemiconductor.net January / February 2011
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