Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Solar fab2farm™ Model Offers a Blueprint for Affordable Clean Energy and Local Economic Development

Abstract:
To help meet the world's critical need for renewable energy, Applied Materials, Inc. has developed an innovative fab2farm™ business model for solar deployment designed to bring cost-effective, utility-scale solar photovoltaic (PV) power generation capability to local areas and stimulate economic development. The fab2farm model represents a complete regional ecosystem, bringing together communities, utilities and solar panel manufacturers to drive down the cost of solar electricity, create green jobs, and spur local economic activity -- while delivering a supply of clean energy for decades to come.

Solar fab2farm™ Model Offers a Blueprint for Affordable Clean Energy and Local Economic Development

Santa Clara, CA | Posted on September 21st, 2009

Key to the fab2farm model is a locally-sited solar panel factory built by a solar module manufacturer using Applied's revolutionary SunFab™ thin film production line. The SunFab line produces the world's largest and most powerful solar PV panels, which are optimally suited for utility-owned solar farms. Since electricity generation is sited for distribution near load centers, a solar farm can be quickly deployed without the need for extensive, costly transmission lines. This utility-scale solar farm would not only generate cost-competitive, clean, renewable energy for the community, it can help the utility avoid up to 170,000 metric tons of CO2 emissions per year.

"Applied's fab2farm model unlocks a low-risk, cost-effective opportunity to integrate solar PV electricity into a community's energy portfolio," said John Antone, vice president, Energy and Environmental Solutions, Applied Materials. "This approach enables a significant share of solar PV investment dollars to remain in the community, in contrast to fossil fuel based power generation sources. It would create a regional economic engine generating a steady supply of skilled jobs and a path to achieving the lowest installed solar energy cost."

The Applied SunFab production line, a cornerstone of the fab2farm model, is designed to produce 80MW of solar panels per year or enough to power 35,000 homes during peak energy use hours. Applied estimates that this factory could generate more than 2,500 jobs and account for $400-$500 million of local economic activity per year.

"Optimized for utility-scale applications, Applied's SunFab line produces the world's most powerful thin film modules with approximately six times the output of conventional glass solar panels," said Dr. Randhir Thakur, senior vice president and general manager of Applied's Display and SunFab Solar Products Group. "With an installed cost of less than $4.00/watt, SunFab panels cost less per unit area to manufacture and fully install than conventional glass panels. Over time, manufacturing efficiencies are expected to reduce these costs even further - while the price of electricity from conventional sources is forecast to continually rise."

To quantify the energy, economic and environmental impact the fab2farm model can have on your own community, visit fab2farm.appliedmaterials.com.

####

About Applied Materials
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in Nanomanufacturing Technology™ solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live.

For more information, please click here

Contacts:
Applied Materials, Inc.
David Miller, 408-563-9582 (business media)
Betty Newboe, 408-563-0647 (technical media)
Michael Sullivan, 408-986-7977 (financial community)

Copyright © Business Wire

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

How to maximize the superconducting critical temperature in a molecular superconductor: International team led by Tohoku University opens new route for discovering high Tc superconductors April 19th, 2015

Engineer improves rechargeable batteries with MoS2 nano 'sandwich' April 18th, 2015

Nanocomposites Play Effective Role in Production of Smart Fibers April 18th, 2015

Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015

Jobs

SUNY Poly & M+W Make Major Announcement: Major Expansion To Include M+W Owned Gehrlicher Solar America Corporation That Will Create up to 400 Jobs to Develop Solar Power Plants at SUNY Poly Sites Across New York State March 26th, 2015

Is US immigration policy 'STEMming' innovation? Study sheds light on why foreign STEM students stay in US or return home March 11th, 2015

Nanotech Discoveries Move from Lab to Marketplace with Lintec Deal: Licensing Partnership Brings Together University Technology, New Richardson-Based Facility Directed by Alumni February 9th, 2015

Secretary Vilsack Announces Partnership to Advance Commercial Potential of Cellulosic Nanomaterial from Wood December 11th, 2013

Announcements

How to maximize the superconducting critical temperature in a molecular superconductor: International team led by Tohoku University opens new route for discovering high Tc superconductors April 19th, 2015

Iranian Foodstuff, Agricultural Industries Welcome Nanotechnology Packaging Bags April 18th, 2015

Nanocomposites Play Effective Role in Production of Smart Fibers April 18th, 2015

Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015

Environment

Young NTU Singapore spin-off clinches S$4.3 million joint venture with Chinese commercial giant March 23rd, 2015

New processing technology converts packing peanuts to battery components March 22nd, 2015

EU Funded PCATDES Project has completed its half-period with success March 19th, 2015

Are current water treatment methods sufficient to remove harmful engineered nanoparticle? March 10th, 2015

Energy

Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015

Major advance in artificial photosynthesis poses win/win for the environment: Berkeley Lab researchers perform solar-powered green chemistry with captured CO2 April 16th, 2015

Newly-Developed Nanocatalysts Increase Performance of Fuel Cells April 16th, 2015

Graphenea embarks on a new era April 16th, 2015

Industrial

Nanocomposites Play Effective Role in Production of Smart Fibers April 18th, 2015

Taking aircraft manufacturing out of the oven: New technique uses carbon nanotube film to directly heat and cure composite materials April 14th, 2015

Industrial Nanotech, Inc. Announces Next Large Order from the Oil and Gas Industry March 26th, 2015

Young NTU Singapore spin-off clinches S$4.3 million joint venture with Chinese commercial giant March 23rd, 2015

Alliances/Partnerships/Distributorships

How can you see an atom? (video) April 10th, 2015

FibeRio and VF Corporation Form Strategic Partnership to Lead the Apparel and Footwear Markets in Nanofiber Technology April 8th, 2015

UK National Graphene Institute Selects Bruker as Official Partner: World-Leading Graphene Research Facility Purchases Multiple Bruker AFMs April 7th, 2015

NXP and GLOBALFOUNDRIES Announce Production of 40nm Embedded Non-Volatile Memory Technology: Co-developed technology to leverage GLOBALFOUNDRIES 40nm process technology platform March 24th, 2015

Solar/Photovoltaic

The microscopic topography of ink on paper: Researchers have analyzed the varying thickness of printed toner in unprecedented 3-D detail, yielding insights that could lead to higher quality, less expensive and more environmentally-friendly glossy and non-glossy papers April 14th, 2015

Graphene pushes the speed limit of light-to-electricity conversion: Researchers from ICFO, MIT and UC Riverside have been able to develop a graphene-based photodetector capable of converting absorbed light into an electrical voltage at ultrafast timescales April 14th, 2015

Iranian Scientists Use Ultrasound Waves to Produce Fullerene April 9th, 2015

Wrapping carbon nanotubes in polymers enhances their performance: Scientists at Japan's Kyushu University say polymer-wrapped carbon nanotubes hold much promise in biotechnology and energy applications March 30th, 2015

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







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE