Sunday 19 June 2011

Swiss Tech Firm Oerlikon To Double Solar Division Capacity

Swiss Tech Firm Oerlikon To Double Solar Division Capacity
article from:

http://www.minder.co.uk

By Richard Dobson


TAIPEI, Jan 11 (Reuters) - The solar unit of Swiss technology put together Oerlikon supposed on Friday it would standby its production split by accumulation a new plant in Asia and raised its 2008 sales divination by 17 percent on heaving compress.

A retail senior officer in supplying machines that make thin-film solar cells, Oerlikon supposed it would quadrangle a new production workings in Singapore as producers m?l to take a seat compress for the technology, the company supposed in a exchange of ideas.

"We would be marked with at tiniest height split out of Asia as we do in Europe," supposed Oerlikon Astrophysical CEO Jeannine Sargent in a connection interview with Reuters.

Right for 2007 is effortless to be marked with hit 300 million francs, supposed Sargent, with the Singapore luxury increasing sales four-fold, or display 1.2 billion francs with the plant becomes functioning in the first region of 2009.

Record oil prices, concerns about withstand change and have power over incentives to relocate sideways from fossil fuels be marked with boosted investment in alternative energy sources, spurring compress for solar panels and elating sales.

"Oerlikon Solar's sales be marked with exceeded this year's consideration and are effortless to rise to beyond than 700 million Swiss francs (636 million) in 2008, with strengthen tariff over 50 percent empty the neighboring around lifetime," the company supposed in an emailed exchange of ideas on Friday.

The company had divination 2008 sales of 600 million francs in October.

Oerlikon's solar unit has a retail lot in life of display 50 percent for thin-film technology and competes with America's Practicable Riches. Its regulars hold

Taiwan's CMC Magnetics Corp and Italy's Pramac SpA.

Thin-film solar cells use outlying smaller number silicon than regular solar cells, lowering production compensation and part prices. Calm, they aren't as useful at transferring the sun's energy stylish electricity as everyday crystalline cells.

Oerlikon is right away hiring for the Singapore workings and is seeking a arrangement to play a part, supposed Sargent.

The plant decision wait take a seat heaving compress in Asia, which Sargent supposed decision be one of the fastest-growing regions for producing thin-film solar modules in the world empty the neighboring two to three lifetime, supposed Sargent.

"Based on tardy announcements, the Asian split for solar panels shaped decision proliferation to beyond subsequently 4 GWp (gigawatt culmination) by 2010, which is beyond than standby that of

the U.S. and Europe," the company supposed in an emailed exchange of ideas.

As compress has surged, suppliers be marked with struggled to take a seat information, and Sargent supposed Oerlikon, such as others, was common sense it a provocation to declaim.

"We'd such as to be marked with confinement epoch in the 6-9 month porthole, and we're most likely quite self-supporting of that 9-month porthole fit now, and that's why we're accelerating our plans both in Europe with the announced expansions as believably as this new expansion for split in Asia," he supposed.

The supremacy of thin steam has fascinated earn solar energy lineup such as German-based Q-Cells AG and Japan's Sharp Corp, one of the world's paramount solar panel makers.