news review
Aixtron’s new approach to its MOCVD business
A NEW agreement with MSFL , one of China’s main non-banking financial institutions, will enable Aixtron to promote the leasing of its MOCVD equipment to customers across China. Minsheng Financial Leasing (MSFL) and Aixtron SE, announced a strategic alliance for joint marketing of leasing options in China. Feng Wang, CPO, President of Finance Leases SBU MSFL, and Wolfgang Breme , CFO Aixtron, signed the Memorandum of Understanding at a ceremony held at MSFL’s headquarters in Beijing.
“This exciting strategic cooperation will enable LED manufacturers to draw upon the most appropriate financing opportunities for the acquisition of key- enabling MOCVD equipment,” commented Rong Wang, CFO of MSFL.
LED technology plays an important role in the global aspiration to conserve energy and has been defined as one of the key industries (energy conservation/ environmental protection, new materials) in China´s 12th 5-year plan aiming to ensure long-term prosperity.
“Aixtron’s role and commitment to China is to deliver the essential key-enabling technology, that the emerging LED lighting market needs, taking full advantage of
Aixtron’s technology and embedded expertise,” Paul Hyland, President and Chief Executive Officer at Aixtron, commented. “Our goal with Minsheng is to facilitate financial instruments to support Chinese manufacturers.”
According to Internal Market Research Analysis, GBRA / MBL, China, November 2011 China’s LED market showed extensive annual growth of 45% in 20101. It is expected to grow in output value from CNY 120 billion ($19.05 billion) in 2010 to CNY 500 billion ($79.4 billion) during the course of the 12th 5-year plan, representing a total growth of 317%. Aixtron says these significant projections reflect the fact, that in 2011, China was the biggest single regional buyer of MOCVD equipment, accounting for 58% of all global shipments within that period.
MiaSolé CIGS efficiency beats
targets for panel production MIASOLÉ has achieved a 17.3 percent champion device result, while the manufacturing process for 14 percent efficiency is now in production at its facility in Silicon Valley, California. These latest efforts occured ahead of schedule, and represent an increase of more than 30 percent in efficiency from last year.
“The progress in efficiency gains we’ve demonstrated are proof that we’re moving toward a competitive cost structure ,” said John Carrington, CEO of MiaSolé.
With increased manufacturing efficiency and investment in research and development, MiaSolé has been able to unlock the vast potential for CIGS thin-film
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www.compoundsemiconductor.net March 2012
in the solar industry. To date, the firm has shipped over 55MW with its panels being used for a wide range of global projects in North America, Europe and Asia. The panels have been selected for a range of segments from utility scale fields to rooftops, and unique applications like electric vehicle recharging stations.
“Our ability to deliver 14 percent in production with the capability to achieve efficiency up to 17 percent further emphasises the progress we are continuously making against our roadmap,” said Carrington. “Our ultimate goal is to continue scaling innovation and deliver the lowest levelised cost of electricity to our customers.”
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