news digest ♦ Solar
Spire expands its solar representation to South Korea
JEIS is now the CdTe solar module manufacturer’s local solar representative.
Spire Corporation, a global solar company providing CdTe solar production lines to manufacture photovoltaic (PV) modules has announced that JEIS Holdings (JEIS) of Ansan-City, Gyeonggi-do, South Korea will represent Spire Corporation’s solar products and services throughout the country.
Little continued, “The Korean Government has implemented one of the largest stimulus programs to encourage the use of green energies. It has also created substantial Solar Feed-in Tariff programs. With JEIS located in Korea, Spire can better address these opportunities and provide direct service to its customers throughout the nation.”
Individual GaAs nanowires can function as low cost solar cells
Industrifonden is banking on solar cell company Sol Voltaic’s gallium arsenide based nanowire solar cells to bring in the money.
Swedish cleantech investor Industrifonden is providing over £1.8 million to Sol Voltaics, which is developing what it says is a new type of material that can significantly reduce the cost of producing electricity from solar cells. The new share issue total over £3.97 million and the money will be used to further develop the company’s products.
Figure: JEIS at Spire Corp’s Headquarters in Bedford, MA. In Photo, From Left to Right: Mark C. Little, CEO of Spire Biomedical, Dong-Ho Roh, Executive Director of JEIS, Roger G. Little, Chairman & CEO of Spire Corporation, and Jae- Seung Jo, CEO of JEIS.
“The Korean Government has implemented one of the largest stimulus programs to encourage the use of green energies. It has also created substantial Solar Feed-in Tariff programs. With JEIS located in Korea, Spire can better address these opportunities and provide direct service to its customers throughout the nation.”
“The Korean solar industry has been on the rise for many years,” said Roger G. Little, Chairman and CEO of Spire Corporation. “Our Vice President of Business Development in Asia, Jae-Bok Young, has worked very hard to identify the company that best fits Spire’s needs in Korea and has successfully secured the representation of JEIS.”
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www.compoundsemiconductor.net August/September 2011
Sol Voltaics is developing a new material and production method to manufacture solar cells which involves quickly fabricating nanowire from GaAs, where every wire functions as a solar cell.
GaAs has long been considered the best material for producing solar cells, but to date has been too expensive to use. Sol Voltaics says it has now developed a method that radically reduces the cost.
“Sol Voltaics has an opportunity to offer the market the world’s most inexpensive solar cells, providing solar cell manufacturers and users with greater value, higher efficiency and increased production at a lower cost,” says Stefan Jakélius, Investment Manager at Industrifonden.
“The market for solar cells is large and global and is practically bursting at the seams, especially in Germany, where the decision to phase out nuclear power could give solar cells an additional boost.”
Founded in 2008, Sol Voltaics originated from nanotechnology research at Lund University. The company is still in the development stage, but will now intensify its development work and win its first
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