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JDSU expands CPV assets with QuantaSol buy


July 07, 2011  |  0 Comments

JDSU acquired concentrated photovoltaics (CPV) product design, patented IP, and other assets from QuantaSol, including multiple quantum well (MQW) technology.

July 7, 2011 -- JDSU (NASDAQ: JDSU and TSX: JDU) acquired concentrated photovoltaics (CPV) product design, patented intellectual property (IP), and other assets from QuantaSol, including multiple quantum well (MQW) technology.

MQW technology reportedly allows more light to be converted to electrical power, increasing the solar cells' efficiency. JDSU will integrate MQW technology on its CPV platform in a move to "differentiate" the product and "expand" the company's CPV market share, said Alan Lowe, president of the Communications and Commercial Optical Products (CCOP) unit at JDSU. JDSU has provided solar cell technology for satellite applications for many years, and is now looking to gain traction in terrestrial applications.

JDSU began offering multiple-junction CPV cells late in 2010, with conversion efficiencies plotted to top 40% within a few years. Sunlight is concentrated to 500 to 1000x its original power. The cells offer small installation footprint, good temperature resilience, and lower consumption of semiconductor materials, JDSU says.

Utility-scale projects are building up CPV's pipeline, according to GTM Research, which predicts that CPV installs will spike from the current 28MW total to more than 1,000MW per year by 2015.

JDSU (NASDAQ: JDSU; and TSX: JDU) products enable fast, high-quality communications, secure financial transactions, reliable consumer electronics, green energy, and other initiatives. To learn more about JDSU, please visit www.jdsu.com

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