Russian company Nano Solar Technology orders 120MW worth of Oerlikon Solar technology

20 August 2009

Solar energy company Oerlikon Solar has announced that Russian company Nano Solar Technology (NST) has ordered a 120MW end-to-end Micromorph line for the production of thin film solar modules.

The order, the largest equipment order in the worldwide thin film silicon photovoltaic market in 2009 to date, includes Oerlikon Solar’s Micromorph technology, a technology that raises module efficiency by up to 50 per cent according to the company.

The order also encompasses a comprehensive multi-year service agreement, provided by Oerlikon Solar’s global customer support team. Establishing production of thin film solar modules in the Chuvash Republic is part of NST’s strategy to develop the high tech economy in Russia by co-investing in nanotechnology industry projects.

Yaroslav Kuznetsov, CEO of NST, said, ‘Oerlikon Solar emerged from a thorough evaluation process to identify the best technology partner for our project, because of its leading technology. This is a win-win situation for all parties involved. Oerlikon Solar can establish a strong presence in the Russian market and the Russian economy has made another step as a state-of-the-art production site.’

Oerlikon CEO Uwe Krueger, added, ‘Russia and the Commonwealth of Independent States offer great market potential for Oerlikon in the medium and long-term. Already today, the Oerlikon Segments Coating, Vacuum, Textile and Drive Systems are conducting business in Russia. With the substantial order from NST, Oerlikon Solar established itself in this important economic zone as well. The contract confirms our leading edge technology and our unique ability to quickly implement and scale up commercially successful mass production of thin film solar modules. The 120MW Micromorph end-to-end production line will position NST as a key player among thin film PV manufacturers.’

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Tags: solar

This story was published on Thursday, August 20th, 2009 at 4:19 pm and is filed under Europe, companies, solar. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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