Solar

Advent & Deutsche Solar Sign US $350M Wafer Deal

Advent Solar Inc. announced that it has signed an agreement with Deutsche Solar AG, a subsidiary of SolarWorld AG. Under the agreement, Deutsche Solar will provide Advent Solar with its SOLSIX wafers through 2018. The total value of the deal is more than US $350 million.

Advent Solar will use the silicon wafers supplied by Deutsche Solar to begin developing products based on its Ventura Solar Technology. Advent Solar Ventura Technology combines Emitter-Wrap Through (EWT) back-contact cells with semiconductor device manufacturing methods to create a scalable platform for module manufacturing. Ventura Solar Technology also enables Advent Solar to reduce silicon thickness by minimizing the handling of cells during the manufacturing process, the company said.

“The SOLSIX wafers have shown excellent results during initial testing with our high-performance solar modules,” said Martin Hermann, Advent Solar’s chief strategy officer, who is responsible for the company’s sourcing strategy. “SolarWorld and its subsidiary Deutsche Solar have a solid reputation for consistently supplying quality silicon wafers, which made them an ideal sourcing candidate for Advent Solar.”