Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Masdar breaks ground on photovoltaic factory in Germany

Abstract:
UAE. Less than three months after announcing a strategic investment into thin-film photovoltaics, Masdar, the Abu Dhabi renewable energy company, yesterday broke ground on its first photovoltaic production plant in Ichtershausen, Germany.

Masdar breaks ground on photovoltaic factory in Germany

ABU DHABI, United Arab Emirates | Posted on August 21st, 2008

The plant will use advanced production technologies to bring PV closer towards grid parity, and enhance a local economy with a rich history of manufacturing and technology.

The US$230 million German plant marks the first phase of Masdar's US$2 billion investment in thin-film PV manufacturing, one of the largest investments ever made in solar. To be opened in third quarter 2009, the plant has a targeted annual production capacity of 70MW, and will create more than 180 green jobs.

It will produce the world's largest (5.7 sqauare metres) and most powerful PV modules, on equipment from the world's leading supplier Applied Materials, to drive the cost reductions necessary to make solar energy an affordable reality.

As a leading global centre for PV technology, Germany was selected as Masdar's first PV plant location. The German plant will act as a blueprint for technology and knowledge transfer to a 140MW Abu Dhabi plant, which will begin initial production by third quarter 2010. Output from both facilities has already been committed to major PV system installers in Europe, and for Masdar's own energy generation needs.

"Thuringia is a modern business location," said Dieter Althaus, Prime Minister of State of Thuringia. "Within Germany we hold a leading position in modern environmental technologies especially in trendsetting solar energy. We are pleased that Abu Dhabi chose Germany and particularly Thuringia as a model for technology and knowledge transfer. Germany's technology base combines well with Masdar's vision to accelerate the development and adoption of clean energy solutions on a global basis."

Masdar PV represents a significant advancement of German-UAE trade relations, particularly as it addresses a new area of cooperation in providing clean and sustainable energy solutions for both countries. The United Arab Emirates is one of Germany's major trading partners in the Gulf region with non-oil trade, currently worth nearly US$7 billion.

In addition, it furthers Masdar's existing investment and research ties with German companies and organizations, including Siemens, RWTH Aachen University and the German Aerospace Centre (DLR).

"Abu Dhabi's geography and our vision to become a world leader in renewable energy, makes thin-film PV a natural area of focus for Masdar," said Dr Sultan Al Jaber, CEO of Masdar. "Germany, with its technology, highly-skilled workforce, attractive investment climate, and direct access to the European market, make it an ideal partner for Masdar."

"It is especially satisfying to be working together in bringing the world one step closer to a future of clean energy," Al Jaber added.

Present at the groundbreaking were Dieter Althaus, Prime Minister Thuringia; HE Mohammed Ahmed Al Mahmoud, UAE Ambassador to Germany; Dr Sultan Al Jaber, CEO of Masdar; Dr Hermann Scheer, Member of the German Parliament; Klaus von der Krone, Mayor Ichtershausen; and representatives from the Masdar PV Management team.

####

About Masdar
The Masdar Initiative is Abu Dhabi's multi-faceted, multi-billion
dollar investment in the development and commercialization of innovative
technologies in renewable, alternative and sustainable energies as well as
sustainable design. Masdar is driven by the Abu Dhabi Future Energy Company
(ADFEC), a wholly owned company of the government of Abu Dhabi through the
Mubadala Development Company. In January 2008, Abu Dhabi announced it will
invest $15 billion in Masdar, the largest single government investment of
its kind.

For more information, please click here

Contacts:
Press Contact:

Jonathan Adashek
Tel: +1 +202 528 7479


Inga Monch
Tel: +49 (0)69 756 199 66


Laura Misselbrook
Tel: +44 (0)203 047 2208

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Ultracold atom waves may shed light on rogue ocean killers: Rice quantum experiments probe underlying physics of rogue ocean waves April 27th, 2017

Looking for the quantum frontier: Beyond classical computing without fault-tolerance? April 27th, 2017

Metal nanoparticles induced visible-light photocatalysis: Mechanisms, applications, ways of promoting catalytic activity and outlook April 27th, 2017

Arrowhead Pharmaceuticals to Webcast Fiscal 2017 Second Quarter Results April 27th, 2017

Openings/New facilities/Groundbreaking/Expansion

GLOBALFOUNDRIES Expands to Meet Worldwide Customer Demand: Company invests for capacity growth in the United States, Germany, China and Singapore February 10th, 2017

Portable superconductivity systems for small motors: Cambridge University lab achieves a breakthrough for portable superconductivity systems that are applicable for small motors, health care and other uses February 8th, 2017

New Agricultural Research Center Debuts at UCF October 12th, 2016

Nexeon Establishes Base in Asia October 11th, 2016

Govt.-Legislation/Regulation/Funding/Policy

Ultracold atom waves may shed light on rogue ocean killers: Rice quantum experiments probe underlying physics of rogue ocean waves April 27th, 2017

Metal nanoparticles induced visible-light photocatalysis: Mechanisms, applications, ways of promoting catalytic activity and outlook April 27th, 2017

Graphene holds up under high pressure: Used in filtration membranes, ultrathin material could help make desalination more productive April 24th, 2017

Nanoparticle vaccine shows potential as immunotherapy to fight multiple cancer types April 24th, 2017

Announcements

Ultracold atom waves may shed light on rogue ocean killers: Rice quantum experiments probe underlying physics of rogue ocean waves April 27th, 2017

Looking for the quantum frontier: Beyond classical computing without fault-tolerance? April 27th, 2017

Metal nanoparticles induced visible-light photocatalysis: Mechanisms, applications, ways of promoting catalytic activity and outlook April 27th, 2017

Arrowhead Pharmaceuticals to Webcast Fiscal 2017 Second Quarter Results April 27th, 2017

Energy

Using light to propel water : With new method, MIT engineers can control and separate fluids on a surface using only visible light April 25th, 2017

SUNY Polytechnic Institute Announces Total of 172 Teams Selected to Compete in Solar in Your Community Challenge: Teams from 40 states, plus Washington, DC, 2 Territories, and 4 American Indian Reservations, Will Deploy Solar in Underserved Communities April 20th, 2017

Better living through pressure: Functional nanomaterials made easy April 19th, 2017

Shedding light on the absorption of light by titanium dioxide April 14th, 2017

Solar/Photovoltaic

SUNY Polytechnic Institute Announces Total of 172 Teams Selected to Compete in Solar in Your Community Challenge: Teams from 40 states, plus Washington, DC, 2 Territories, and 4 American Indian Reservations, Will Deploy Solar in Underserved Communities April 20th, 2017

Better living through pressure: Functional nanomaterials made easy April 19th, 2017

Shedding light on the absorption of light by titanium dioxide April 14th, 2017

Controlling forces between atoms, molecules, promising for ‘2-D hyperbolic’ materials April 4th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project