Solar Stock News - Yingli Green Energy (NYSE: YGE) , Energy Research Centre of the Netherlands and Amtech Systems Announce Research Collaboration to Develop Next Generation High Efficiency Solar Cells
Patented Method for Improved Solar Cell Efficiency Expected to Lower Solar Energy Costs
BAODING, China & TEMPE, Ariz.--June 1 2009 --Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy”), one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, the Energy Research Centre of the Netherlands (“ECN”), a leading solar research center in Europe, and Amtech Systems, Inc. (NASDAQ: ASYS) (“Amtech”), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, today announced a three-party research collaboration agreement to develop next generation high efficiency solar cells.
The joint project under the agreement endeavors to develop and implement high efficiency N-type silicon solar cells, named PANDA, at Yingli Green Energy’s pilot production line in Baoding, China. The high efficiency cells will utilize the cell design of ECN, the solar diffusion technology and dry PSG removal expertise of Tempress Systems, Inc., Amtech’s solar subsidiary ("Tempress"), and Yingli Green Energy’s leading cell process technology. The construction of the pilot production line does not require significant capital expense, as it only makes moderate changes on the current production lines.
“Yingli Green Energy always strives to be at the forefront of the latest technological developments in the PV industry,” said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “To that end, we are very pleased to be entering into a cooperation that combines our strong commercialization capabilities with the strengths of a global research institution and a leading equipment supplier. We look forward to playing a crucial role in the introduction of the next generation of high efficiency solar cells. PANDA aims at significantly raising the efficiency of crystalline silicon solar cells and at commercializing the new technology quickly on our production lines.”
“We are very happy that ECN’s technology for N-type crystalline silicon solar cells is going to be industrialized in cooperation with these ambitious partners with a long operating history in the PV industry,” said Ton Hoff, Chairman of the Board of ECN.
J.S. Whang, President and Chief Executive Officer of Amtech, commented, “We are excited about this joint agreement with leaders in the industry and its potential to contribute to significant improvements in solar cell efficiency and bring solar energy closer to achieving grid parity. PANDA is true validation for our Tempress’ in-depth diffusion expertise and our capability for supplying reliable diffusion and automation equipment to the solar industry.”
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE) is one of the world’s leading vertically integrated PV product manufacturers. Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. Based in Baoding, China, Yingli Green Energy sells its PV modules to system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, South Korea, Belgium, France, China and the United States. For more information, please visit www.yinglisolar.com.
About The Energy Research Centre of the Netherlands
The Energy Research Centre of the Netherlands is the largest research center in the field of energy in the Netherlands. ECN’s technology is used in the production of solar cells, as well as other alternative energy sources. In cooperation with universities, ECN develops high-quality knowledge and technology for a sustainable energy system, and transfers these to the market. ECN is located near Petten, the Netherlands, and employs approximately 630 people. The ECN website is www.ecn.nl.
About Amtech
Amtech Systems, Inc. (NASDAQ: ASYS) manufactures capital equipment, including silicon wafer handling automation, thermal processing equipment and related consumables used in fabricating solar cells and semiconductor devices. Semiconductors, or semiconductor chips, are fabricated on silicon wafer substrates, sliced from ingots, and are part of the circuitry, or electronic components, of many products including solar cells, computers, telecommunications devices, automotive products, consumer goods, and industrial automation and control systems. The Company’s wafer handling, thermal processing and consumable products currently address the diffusion, oxidation and deposition steps used in the fabrication of solar cells, semiconductors, MEMS and the polishing of newly sliced silicon wafers.
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy’s and Amtech Systems’ control, which may cause Yingli Green Energy’s and Amtech Systems’ actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy’s and Amtech Systems’ filings with the U.S. Securities and Exchange Commission. Yingli Green Energy and Amtech Systems do not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
Contacts For Yingli Green EnergyIn China:Yingli Green Energy Holding Company LimitedQing MiaoDirector, Investor Relations+86-312-3100-502ir@yinglisolar.com
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Showing posts with label solar cells. Show all posts
Showing posts with label solar cells. Show all posts
Monday, June 01, 2009
Wednesday, December 10, 2008
Kopin Receives NASA Award to Develop Nanostructured Indium Gallium Phosphide Solar Cell
Kopin Receives NASA Award to Develop Nanostructured Indium Gallium Phosphide Solar Cell
Technology Company’s Proprietary Single-Junction III-V Structures Have the Potential to Achieve Higher Efficiency than Current Multi-junction Solar Cells
TAUNTON, Mass.--Dec 10 -Kopin® Corp. (NASDAQ: KOPN) today announced that it has been selected for award of a $600,000 NASA contract to produce nanostructured solar cells comprised of indium gallium phosphide (InGaP) materials. The goal of this two-year project, a NASA Phase II Small Business Innovation Research (SBIR) program, is to develop a solar cell design that is more efficient and less expensive than conventional multi-junction technology.
“The material structures used in conventional solar cell designs significantly limit their power conversion efficiency and performance, requiring a trade-off between current and voltage,” said Dr. Roger E. Welser, Kopin’s Director of New Product Development. “For this SBIR program, we are employing a proprietary, patent-pending structure incorporating InGaP barriers, the same material used in our HBT (heterojunction bipolar transistor) wafers for billions of cell phones. In the Phase I program, Kopin produced several InGaP-based test structures that demonstrated a significant increase in the open-circuit voltage without any degradation in current. In this follow-up Phase II program, we aim to further enhance performance while maintaining our long-term objective to produce high-efficiency photovoltaic cells with low cost and good stability.”
Dr. John C.C. Fan, Kopin’s President and Chief Executive Officer stated, “This SBIR program is part of Kopin’s strategy to leverage our unique expertise in nanostructured III-V materials to create high-efficiency solar cells at low cost for the emerging terrestrial renewable energy market. For unconcentrated sunlight, we believe our innovative approach in this SBIR program has the potential to achieve conversion efficiencies exceeding 40% with a single p-n junction device, approximately 20% higher than the current efficiencies of today’s best multi-junction solar cells.”
This is the second NASA contract awarded to Kopin in 2008 for the development of nanostructured solar cell technology. In May, the Company received a two-year, $600,000 award for the development of indium nitride (InN)-based solar cells. This project is focused on producing high-efficiency solar cells that are resistant to extreme conditions such as those found near the sun.
About Kopin
Kopin Corporation produces lightweight, power-efficient, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) that are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 30 million displays for a range of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The Company's unique HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin's proprietary display and HBT technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin's website at www.kopin.com.
Kopin and The NanoSemiconductor Company are trademarks of Kopin Corporation.
Safe Harbor Statement
Statements in this news release about the award of a NASA solar cell development contract to Kopin may be considered "forward-looking" under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These include statements relating to the potential performance of indium gallium phosphide-based and indium nitride-based nanostructured solar cells; the potential to create high-efficiency solar cells at low cost for the emerging terrestrial renewable energy market; and the potential to achieve conversion efficiencies exceeding 40% with a single p-n junction device. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Factors that might affect the actual results, performance or achievements include, among other things, negotiation with NASA to complete the contract award; technical, manufacturing or other issues that may prevent the indium gallium phosphide-based and indium nitride-based solar cells from achieving the desired performance; and other risk factors and cautionary statements listed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the 12 months ended December 29, 2007, and the Company's subsequent filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no responsibility to update any of these forward-looking statements to reflect events or circumstance occurring after the date of this report.
Kopin - The NanoSemiconductor Company®
Contacts Investor RelationsKopin CorporationRichard Sneider, CFO, 508-824-6696rsneider@kopin.comorNews Media RelationsJim Pontarelli, 401-553-5109jpontarelli@rdwgroup.com
Technology Company’s Proprietary Single-Junction III-V Structures Have the Potential to Achieve Higher Efficiency than Current Multi-junction Solar Cells
TAUNTON, Mass.--Dec 10 -Kopin® Corp. (NASDAQ: KOPN) today announced that it has been selected for award of a $600,000 NASA contract to produce nanostructured solar cells comprised of indium gallium phosphide (InGaP) materials. The goal of this two-year project, a NASA Phase II Small Business Innovation Research (SBIR) program, is to develop a solar cell design that is more efficient and less expensive than conventional multi-junction technology.
“The material structures used in conventional solar cell designs significantly limit their power conversion efficiency and performance, requiring a trade-off between current and voltage,” said Dr. Roger E. Welser, Kopin’s Director of New Product Development. “For this SBIR program, we are employing a proprietary, patent-pending structure incorporating InGaP barriers, the same material used in our HBT (heterojunction bipolar transistor) wafers for billions of cell phones. In the Phase I program, Kopin produced several InGaP-based test structures that demonstrated a significant increase in the open-circuit voltage without any degradation in current. In this follow-up Phase II program, we aim to further enhance performance while maintaining our long-term objective to produce high-efficiency photovoltaic cells with low cost and good stability.”
Dr. John C.C. Fan, Kopin’s President and Chief Executive Officer stated, “This SBIR program is part of Kopin’s strategy to leverage our unique expertise in nanostructured III-V materials to create high-efficiency solar cells at low cost for the emerging terrestrial renewable energy market. For unconcentrated sunlight, we believe our innovative approach in this SBIR program has the potential to achieve conversion efficiencies exceeding 40% with a single p-n junction device, approximately 20% higher than the current efficiencies of today’s best multi-junction solar cells.”
This is the second NASA contract awarded to Kopin in 2008 for the development of nanostructured solar cell technology. In May, the Company received a two-year, $600,000 award for the development of indium nitride (InN)-based solar cells. This project is focused on producing high-efficiency solar cells that are resistant to extreme conditions such as those found near the sun.
About Kopin
Kopin Corporation produces lightweight, power-efficient, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) that are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 30 million displays for a range of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The Company's unique HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin's proprietary display and HBT technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin's website at www.kopin.com.
Kopin and The NanoSemiconductor Company are trademarks of Kopin Corporation.
Safe Harbor Statement
Statements in this news release about the award of a NASA solar cell development contract to Kopin may be considered "forward-looking" under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These include statements relating to the potential performance of indium gallium phosphide-based and indium nitride-based nanostructured solar cells; the potential to create high-efficiency solar cells at low cost for the emerging terrestrial renewable energy market; and the potential to achieve conversion efficiencies exceeding 40% with a single p-n junction device. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Factors that might affect the actual results, performance or achievements include, among other things, negotiation with NASA to complete the contract award; technical, manufacturing or other issues that may prevent the indium gallium phosphide-based and indium nitride-based solar cells from achieving the desired performance; and other risk factors and cautionary statements listed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the 12 months ended December 29, 2007, and the Company's subsequent filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no responsibility to update any of these forward-looking statements to reflect events or circumstance occurring after the date of this report.
Kopin - The NanoSemiconductor Company®
Contacts Investor RelationsKopin CorporationRichard Sneider, CFO, 508-824-6696rsneider@kopin.comorNews Media RelationsJim Pontarelli, 401-553-5109jpontarelli@rdwgroup.com
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