Astronergy: 2010 plan to increase solar modules to 75MW

By Admin
Astronergy, the Chinese monocrystalline and polycrystalline PV modules provider, together with Oerlikon Solar, announce an updated purchase agreeme...


Astronergy, the Chinese monocrystalline and polycrystalline PV modules provider, together with Oerlikon Solar, announce an updated purchase agreement for Oerlikon Solar's thin film equipment. The new order calls for Astronergy to increase its production capacity from 30 megawatts to 75 megawatts in the year 2010. The purchase is an important component to Astronergy’s plan of expanding its thin film solar PV modules to 400 megawatts in the short term.

"We are committed to taking the thin film route as a direction for growth," said Astronergy CEO Dr. Liyou Yang. "We are pleased to see that the thin film silicon market is step by step gaining momentum,” said Dr. Michael Buscher, CEO of Oerlikon.

"By focusing our efforts on thin film products and diligently working to strengthen our core competencies, we will maintain our reputation as a first-class PV enterprise. We are highly confident that continued collaboration will enable both of our companies to extend our leadership in the thin film solar industry," stated Dr. Liyou Lang, CEO of Astronergy.

New module materials and the latest innovations in thin film technology will be incorporated into the production process. The new agreement details the first phase of the 400 megawatt thin film expansion plan of bringing Astronergy’s thin film module capacity to a minimum of 75 megawatts by the beginning of 2011.

"We let our customers benefit from technology innovations that lead to cost reductions. By continuously doing so, we help them stay on track on their cost and technology roadmaps. Astronergy represents a further milestone on our way to demonstrating that thin film silicon technology leads to the lowest module production cost per watt," commented Jurg Henz, CEO of Oerlikon Solar.




 

Share
Share

Featured Articles

UK and US announce energy partnership

The agreement will work towards reducing global dependency on Russian energy exports, stabilising energy markets, and stepping up collaboration

Alfa Laval to supply world’s largest green hydrogen plant

The facility is being built in NEOM, the US$500bn futuristic city being developed in Saudi Arabia

COP27 agrees to climate compensation fund

The deal is said to be a historic first in acknowledging the vast inequities of the climate crisis

North America's natural gas can help mitigate energy crisis

Oil & Gas

COP27: Egypt and Norway to build 100MW green hydrogen plant

Renewable Energy

Renewable energy company Masdar opens office in Saudi Arabia

Renewable Energy