News

3 November 2009

 

Odersun and AT&M form CIS PV joint venture in China

Advanced Technology & Materials Co Ltd (AT&M) of Zhongguancun Science & Technology Park, Beijing, China and Odersun AG of Frankfurt (Oder), Germany plan to form a joint venture in Beijing for the production and sale of flexible solar cells and modules based on Odersun’s thin-film technology, which uses proprietary CISCuT (copper indium disulfide on copper tape) reel-to-reel manufacturing.

Odersun and AT&M established their relationship in 2004, when AT&M became an early investor in Odersun (which was founded in 2002) and a strategic partner in a number of joint research projects, including solar modules for a building-integrated photovoltaic (BIPV) project at the visitor center of the Olympic Park in Beijing.

Odersun and AT&M say that, as recent renewable energy support schemes are driving significant growth in the photovoltaic sector in China, they are now joining forces to address the fast-growing market.

“Our joint venture is the result of long-term cooperation and trust between Odersun and AT&M,” says AT&M’s president Dr Zhao Pei.

AT&M’s expertise in material science and technologies and Odersun’s solar technology and market experience form a mutually beneficial foundation to the collaboration, it is believed. “Here we have the unique opportunity to address the Chinese market and at the same time to further accelerate innovation at Odersun in cooperation with a highly competent partner,” says Odersun’s CEO Dr Hein van der Zeeuw, “While we continue with our current expansion plans in Germany, our future technology development will benefit from AT&M’s expertise and long-time experience in material technology and manufacturing,” he adds.

Construction of the joint venture’s manufacturing facilities in China is expected to start during 2010.

See related items:

CIS PV maker Odersun joins Global Cleantech 100

Copper indium disulfide PV maker Odersun appoints CEO to lead expansion phase

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