Tuesday, February 16, 2010

Oerlikon Solar expands into Spanish market

TRUBBACH, SWITZERLAND: Oerlikon Solar, the world’s leading supplier of thin film silicon photovoltaic (PV) production equipment, announced that Gadir Solar is using its amorphous thin film silicon PV technology at the solar fabrication plant located in the bay of Cadiz, Spain.

Gadir Solar’s plant, one of the largest in Europe, began operation in October 2009. The company is ramping up in record time its annual production capacity of 40 MW, which is capable of producing about half a million PV panels per year. The amount of annually produced amorphous silicon PV panels will generate enough power for approximately 8,000 homes.

“We chose Oerlikon Solar because of its well-established track record of ramping up new thin film solar factories on time and on budget as well as its strong commitment to improving on the scalability and cost benefits for the technology. We were, and continue to be, extremely impressed with their ability to meet our requirements and in Oerlikon Solar’s clear upgrade path to ensure our competitiveness in the market,” said David Naranjo Villalonga, CEO of Cadmos / Gadir Solar.

“We are committed to providing the most efficient solar solutions for the Mediterranean region. Introducing amorphous panels to our production plant means we can offer the highest standards of quality and reliability.”

Driving down cost
Technology innovation is driving down the cost and improving the performance of solar technologies. Solar PV is becoming a mass production technology, and like flat-screen TVs, continued innovation and cost reductions is likely to occur over the next 5 to ten years. Oerlikon Solar customers are looking beyond the short-term supply market conditions, and are targeting the market for 2012 and beyond, when their micromorph® factories will be in full production at production costs that enable grid-parity level PPA prices.

“This opens another important market for our leading thin film solar PV technology,” said Jürg Henz, CEO of Oerlikon Solar. “European countries such as Germany, Italy and Spain could claim about 801 percent of PV market share this year and we see tremendous opportunity in offering companies like Gadir Solar industrial proven mass production solutions for the thin film PV industry – the fastest-growing segment of PV.”

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