Monday, March 05, 2007

MBPV to set up the world's largest Thin Film Solar Fab

Just days after inaugurating a 40 MW PV cell production facility (which is on target to reach 80 MW this year), Moser Baer Photo Voltaic announced much more ambitious plans for manufacturing thin film solar cells: to build the biggest plant in the world, in technology partnership with Applied Materials.

The technology partnership will enable a synergy between Moser Baer's manufacturing and technology strength, its European R&D lab and Applied Material, Inc.'s process and equipment development expertise. The combined capabilities bring scale economies to this industry by manufacturing thin film modules that are four times larger than current modules, making it a disruptive technology that provides a road map to sub-dollar per watt costs.

The $250m project will start with 40 MW and ramp up to 200 MW by 2009. Since the thin film market demand is estimated to reach 2 GW by 2010, MBPV looks set to capture 10% global market share by then. This would however be less than the proverbial tip of the iceberg. By 2010 thin film will be able to compete with fossil fuel power (without subsidies) and will see exponential growth from that stage.

The company has entered into a technology partnership with US-based Applied Materials to build the unit in its existing SEZ at Greater Noida... The unit for making thin films would be commercially operational by March 2008... Applied Materials CTO Mark Pinto said, "India holds tremendous potential both as a worldwide hub for solar panel production and as an end market for photovoltaic electric power." >>Rediff

Moser Baer PV, currently the hottest solar PV company in India, obviously intends to become the Suzlon of the relatively more hi-tech solar PV industry. A strong PV manufacturing capability will raise the hi-tech profile of Indian industry to that of those on the cutting-edge of semi-conductor and nano-technology manufacturing.

Links: Report on marketwatch.com
MBPV production facility on track