|The Words Of Our CEO|
Creating a new century for the solar energy industry
With the environment's climate worsening, and as the traditional petrochemical energy resources gradually dry up, and with the emerging economies growing day by day, the demand for sources in renewable energy is increasing. In addition, the global arena has propelled energy security and energy supply strategies to the national level. Clean energy and renewable energy source development has turned from a trend into an irreversible tidal current. US marketing research organization, Lux Research, issued a report that has estimated that solar electrical energy generation will provide 10% of the world electric power supply needs by 2030 and will achieve greater than 20% by the year 2050. "Green Industry" has officially joined the core of the global economy.
CIGS has achieved 20.1% efficiency in the laboratory with the highest efficiency (reported by German ZSW Solar Energy Research Center). In all of the thin film solar technologies CIGS has the highest potential electro-optical efficiency as compared to CdTe and a-Si. Although currently produced CIGS modules have temporarily not yet achieved the 14.2% transfer efficiencies as compared to the mono-crystalline silicon modules, there is the opportunity to be a lower cost solution. CIGS coating can be directly deposited onto a thin molybdenum layer on glass. This eliminates the huge energy costs associated with single or multi polycrystalline silicon production.
Optimistic about the potential for the huge demand in the CIGS solar market, PVNext has taken its leadership in deep coating technology as the foundation to develop CIGS technology. PVNext utilizes its ability and knowledge of automated equipment design for thin film product manufacturing, as compared to other domestic manufacturers who use the turnkey solution mode, to enhance equipment performance, quality, delivery, and uptimes. PVNext's design team can shorten equipment development cycle time and optimize with high throughput manufacturing methods. This combined with years of focused energy and experience gained in the CIGS thin film technology, research, and development world provides a winning combination. PVNext estimates that their CIGS module mass production will begin in the middle of 2011.
PVNext has grasped RITEK Group's successful "3R" principle- the Right Technology at the Right Time, with the Right Product. With the Right team's tireless efforts significant success has been achieved today. We are confident of leading the solar energy industry in the new century. Our CIGS solar modules will become a mainstream product in the Photovoltaic world.
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