Signet Solar intros 400 W single junction silicon thin film modules

MENLO PARK, USA: Signet Solar, a global manufacturer of thin film silicon photovoltaic (PV) modules, announced the introduction of 400W power class module using single junction (SJ) thin film silicon technology.

Signet Solar started volume production of these TUV certified large area thin film modules in October 2008 by implementing its proprietary technology on commercially available equipment. The production line has successfully ramped up over the last year and is operating at full capacity.

Signet’s consistent execution to its roadmap of improving module efficiency and output power has been well received by its customers. In addition to providing 15 percent higher output, the 400W single junction modules reduce balance of system costs by 7 percent to 10 percent.

“Our strategy of utilizing proven, commercially available equipment and implementing proprietary technologies has enabled us to quickly bring to market the industry leading price performance large area modules for utility scale power generation,” said Rajeeva Lahri, CEO and founder of Signet Solar.

“Our first year of production has been a resounding success with customers and partners who have embraced the usage of our large form factor modules, translating into a meaningful increase in internal rates of return (IRR) for investors.”

Signet Solar’s German engineered, high quality large area modules have already been deployed in over 15 solar photovoltaic installations in Europe and US ranging from solar farms to commercial rooftops applications.

Signet has been able to support its customers in securing bank financing of its solar photovoltaic modules by reducing financing risk through its warranty insurance from Munich Re, one of Europe’s largest insurance companies. Signet Solar is an innovation leader in large area silicon thin film module technology, working with customers worldwide to bring low cost solutions to solar farms and commercial roof top installations.