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Moser Baer To Expand Thin Film Production Level to 600 MW

February 13, 2008 | 3 Comments

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New Delhi, India [RenewableEnergyAccess.com] Moser Baer India Limited has announced that its wholly owned subsidiary, PV Technologies India Limited, has signed a Memorandum of Understanding (MoU) with an equipment supplier to secure supply of critical equipment for a 565 megawatt (MW) phased expansion of its thin film photovoltaic (PV) module manufacturing capacity. Combined with the current project capacity of 40 MW, the expansion will take the total manufacturing capacity to over 600 MW by 2010.

"Leaders in the PV industry will continue to emerge on the strengths of rapid scale up and technology differentiation. We see an increasingly significant role for Thin Film technologies in meeting peaking power requirements and now aim to be a significant player in this arena."

--Ravi Khanna, CEO, PV Technologies

According to market estimates, the thin film based solar modules will see large emerging applications and a robust demand that, according to industry estimates is expected to grow ten fold, from 250 MW currently to 2 gigawatts (GW) with a market size of $5 bn by 2010.

“Leaders in the PV industry will continue to emerge on the strengths of rapid scale up and technology differentiation. We see an increasingly significant role for Thin Film technologies in meeting peaking power requirements and now aim to be a significant player in this arena,” said Ravi Khanna, CEO of PV Technologies.

Additional Information

Moser Baer

Solar Energy

3 Reader Comments

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1 of 3

naci-caglar-80215

February 18, 2008

<p>I think photovoltaic renewable energy will be the remedy for scarcity of energy in the world and co2 problems for very near future.</p><p> </p>

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2 of 3

jonheatley

February 18, 2008

wow! real exponential growth! what other area is growing this fast. no wonder the money is pouring in to photovoltaics.

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3 of 3

elsevier-elsevier-138663

June 14, 2008

Interested in setting up polysilicon plant or ingot & wafer plant?

Contact: elsevier2007@rediffmail.com or polysil@rediffmail.com

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