Oerlikon Solar this week at the World Future Energy Summit in Abu Dhabi, said that it plans to reach production costs at grid parity by the end of this year meaning the company is on track to offer its customers an advanced fab design capable of producing modules for $0.70/W by that time.

Oerlikon CEO Jürg Henz, said that a big part of the company's strategy is to capitalize on emerging markets including Abu Dhabi and the rest of the United Arab Emerites.