China: Oerlikon and CRES sign thin film MOU

Recognizing the "high growth potential" in Asia, Oerlikon has said it is looking to strengthen its presence in the region. A part of this involves its new partnership with CRES.

According to a statement released, the two parties will jointly promote the benefits of Oerlikon’s thin film technology in China. A major aim, says professor Shi Dinghuan, chairman of CRES, is to "enhance the development and the application of renewable energy in China in a holistic way."

The proposed activities by the two parties include research into thin film, execution of demonstration projects, advising on government policy and organizing such forums as the 2012 Conference on Thin Film Solar Power Cell Technology.

Shi Dinghuan continued, "The International Cooperation Center of the Society will not only provide Chinese renewable energy enterprises with opportunities of international cooperation and exchange, but also help international enterprises to develop in China."

To date, Switzerland-based Oerlikon Solar has sold 870 megawatts (MW) worth of photovoltaic turnkey lines and equipment to 15 customers in Europe and Asia. Six of them are located in China, where 446 MW of the 870 MW is said to be in annual mass production.

"In addition to making continual improvements in efficiency," said Oerlikno, "the company has succeeded in lowering solar module production costs to €0.43/Wp (China) with its end-to-end manufacturing solution ThinFabT – less than half the cost of the previous generation."