July 20, 2011 | 0 Comments
Soitec was able to bring concentrated photovoltaics (CPV) from the 1MW level to 100MW, says Hansjorg Lerchenmuller, SVP, solar customer group, Soitec, opening up new important contracts.
July 20, 2011 -- Soitec recently announced multiple contracts from San Diego to Tunisia and Morocco. Soitec was able to bring concentrated photovoltaics (CPV) from the 1MW level to 100MW, says Hansjorg Lerchenmuller, SVP, solar customer group, Soitec, speaking at Intersolar North America 2011.
Morocco is aggressively pursuing renewables, Lerchenmuller notes, and calls the California contract a "major breakthrough." With the PPAs secure on a major contract in San Diego, Soitec will build a factory in the area. Lerchenmuller credits the 33% renewables requirement in California for pressuring utilities to adopt solar PV. CPV is a low-cost way to generate electricity from renewable sources, he says, asserting that solar power will be cost-competitve with conventional power generation before the end of the century.
Lerchenmuller also comments on Soitec's 4th generation CPV module, which is nearing readiness.
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