Amtech acquires SoLayTec from RENA

Share

German equipment supplier RENA has continued its restructuring, as it attempts to emerge from insolvency, by selling SoLayTec to Amtech Sytems’ subsidiary Tempress. The sale brings SoLayTec’s atomic layer deposition (ALD) technology into the Amtech group of companies.

SoLayTec’s technology suite can be used for p-type PERC upgrades and n-type cell production. PERC upgrades have been a strongly performing segment of the PV equipment supply business of late. Amtech says that the acquisition should “contribute modestly” to revenue and earnings in 2015, with “significant growth” expected in 2016.

“We believe SoLayTec's InPassion ALD ultrafast, high throughput systems reflect a significant opportunity for our current and prospective customers,” said Amtech CEO Fokko Pentinga, in a statement announcing the deal. “The system is already installed at several key customers and SoLayTec has additional purchase orders in hand.”

SoLayTec ALD systems are being deployed in U.S. manufacturer Mission Solar Energy’s n-type expansion.

Amtech CEO Pentinga said that the SoLayTec ALD tooling would be rolled out in combination with the Tempress PECVD processes. Amtech will also continue to work with RENA on the rollout of its wet chemical technology.

“With these synergies we expect a highly efficient integration process and a solid platform for our combined companies to successfully participate in the upcoming PERC market and accelerate SoLayTec's growth in 2015 and beyond in support of Amtech's solar growth strategy,” said Pentinga.

RENA entered insolvency in March 2014. The move was ostensibly due to the insolvency of its water processing subsidiary SH+E, although the weak solar equipment market presumably played a role in the German company’s weak financial position.

Amtech Sytems is based in Tempe, Arizona, with subsidiary Tempress representing its European operations, being located in Vaassen, Holland. Founded in 2010, SoLayTec is a spin off from Dutch research organization TNO and operates out of Eindhoven, Holland.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

German authorities arrest Solar Fabrik CEO

18 July 2024 The German police have arrested Christian Laibacher, the CEO of German solar manufacturer Solarfabrik, in relation to an investigation by the Würzburg...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.