Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Concentrix Solar, a Soitec Company, Expands U.S. Market Presence

Abstract:
Major Supplier of CPV Systems for Utility-scale Solar Power Plants Prepares for Growth in U.S. with new Office, Additional Personnel and CEC Listing

Concentrix Solar, a Soitec Company, Expands U.S. Market Presence

San Francisco, CA | Posted on July 13th, 2010

Strengthening its presence in the U.S. market for solar power plants, Concentrix Solar GmbH, a leading supplier of concentrator photovoltaic (CPV) systems and a division of the Soitec Group (Euronext Paris), has launched a U.S.-based subsidiary, hired additional industry professionals and won listing from the California Energy Commission. Concentrix Solar's utility-scale power plant technology is proven and commercially ready for large scale deployment with all the key capabilities in place for increasing the company's business in the U.S.

"With the development and growing importance of solar farms in the U.S., the time is right for us to form our U.S. venture," said Hansjorg Lerchenmuller, CEO of Concentrix Solar. "Due to our CPV technology's extreme efficiency, modularity and flexibility, we are prepared to meet the needs and challenges of the U.S. market."

The company's new U.S. subsidiary - Concentrix Solar, Inc. - is based in San Diego, where Concentrix Solar installed a CPV demonstration system in July 2009 to test its solar modules under California's climate conditions. Since its installation, the 6-kilowatt system has proven exceptional performance, achieving 25 percent efficiency in generating electricity.

After evaluating the market potential for Concentrix Solar's CPV technology, the company decided to open this first U.S. office which will be led by new general manager of business development, Clark Crawford. Previously, Crawford led sales and marketing efforts at CPV systems supplier Amonix, Inc. He has a successful track record of securing large-scale commercial orders of CPV systems, and brings his extensive experience in the solar energy market to Concentrix Solar.

As Concentrix Solar expands its presence in the U.S., the company's multi-junction CPV module has achieved a listing with the California Energy Commission (CEC). This listing is vital to doing business in California and a key step in financing commercial projects with customer companies and state energy utilities. Concentrix Solar's CX-75 module has now been listed by the CEC after testing at TUV Rheinland Photovoltaic Testing Laboratory LLC in Tempe, AZ.

Concentrix Solar's CPV technology is designed for use by large-scale solar power plants in hot, arid regions. With characteristics such as low heat degradation and high durability, the company's equipment is well suited for power plant installations in the American southwest. Performance benefits include a constant power-output curve to maintain the electricity supply needed to meet peak-load demands, the ability to operate without active cooling mechanisms, and almost no energy loss at high ambient temperatures.

These attributes helped Concentrix Solar to win a project with Chevron Technology Ventures to install the energy giant's first megawatt solar farm in the U.S. at a site in New Mexico, as announced in February. Construction has begun on this project, which will be one of the largest CPV power plants ever built in the U.S. It is scheduled for completion before the end of this year.

Concentrix Solar will exhibit in booth #8629 in Moscone Convention Center's West Hall at the Intersolar North America trade show, July 13-15 in San Francisco.

####

About Soitec
Concentrix Solar GmbH is a leading supplier of concentrator photovoltaic equipment and turnkey power plants for sunny locations. The company was founded in February 2005 as a spin-off from the world-renowned Fraunhofer Institute for Solar Energy Systems ISE. In December 2009, Concentrix Solar became a division of the Soitec Group.

Concentrix Solar operates a fully automated industrial production line in Freiburg, Germany, with an annual production capacity of 25 megawatts. Its FLATCON(R) concentrator modules use Fresnel lenses to concentrate sunlight 500 times and focus it onto small, highly efficient solar cells that convert the light into electrical energy. With this technology, Concentrix Solar achieves AC system efficiencies of 25 percent - almost twice as high as those achieved by conventional silicon technology. As a result, Concentrix Solar's systems can reduce the cost of electricity generation by 10 percent to 20 percent compared to other solar technologies, depending on the location of the installation. For more information, visit: www.concentrix-solar.de.

About the Soitec Group
The Soitec Group is the world's leading innovator and provider of the engineered substrate solutions that serve as the foundation for today's most advanced microelectronic products. The group leverages its proprietary Smart Cut(TM) technology to engineer new substrate solutions, such as silicon-on-insulator (SOI) semiconductor wafers, which became the first high-volume application for this proprietary technology. Since then, SOI has emerged as the material platform of the future, enabling the production of higher performing, faster chips that consume less power.

Today, Soitec produces more than 80 percent of the world's SOI wafers. Headquartered in Bernin, France, with two high-volume fabs on-site, Soitec has offices throughout the United States, Japan and Taiwan, and a new production site in Singapore.

Three other divisions - Picogiga International, Tracit Technologies and Concentrix Solar - complete the Soitec Group. Picogiga delivers advanced substrates solutions, including III-V epi wafers and gallium nitride (GaN) wafers, to the compound materials market for manufacturing high-frequency electronics and other optoelectronic devices. Tracit provides thin-film layer transfer technologies used to manufacture advanced substrates for power ICs and microsystems as well as generic circuit transfer technology, Smart Stacking(TM), for applications such as image sensors and 3D integration. In December 2009, Soitec acquired 80 percent of Concentrix Solar, the leading provider of concentrated photovoltaic (CPV) solar systems for the industrial production of energy. With this acquisition, Soitec has entered the fast-growing solar market. Shares of the Soitec Group are listed on Euronext Paris. For more information, visit: www.soitec.com.

Soitec, Smart Cut, Smart Stacking and UNIBOND are trademarks of S.O.I.TEC Silicon On Insulator Technologies.

For more information, please click here

Contacts:
Media Contact
Concentrix Solar
Silke Hajunga
+49(0)761-214-108-24


Soitec:
International Media Contact
Camille Darnaud-Dufour
+33(0)6-79-49-51-43


Investor Relations
Olivier Brice
+33(0)4-76-92-93-80


French Media Contact
Muriel Martin, H&B Communication
+33(0)1-58-18-32-44

Copyright © PrNewswire

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

Scientific breakthrough in rechargeable batteries: Researchers from Singapore and Québec Team Up to Develop Next-Generation Materials to Power Electronic Devices and Electric Vehicles February 28th, 2015

First detailed microscopy evidence of bacteria at the lower size limit of life: Berkeley Lab research provides comprehensive description of ultra-small bacteria February 28th, 2015

Leti to Offer Updates on Silicon Photonics Successes at OFC in LA February 27th, 2015

Moving molecule writes letters: Caging of molecules allows investigation of equilibrium thermodynamics February 27th, 2015

Openings/New facilities/Groundbreaking/Expansion

Nanotechnology facility planned in Lund, Sweden: A production facility for start-ups in the field of nanotechnology may be built in the Science Village in Lund, a world-class research and innovation village that is also home to ESS, the European Spallation Source February 15th, 2015

JPK opens new expanded offices in Berlin to meet the growing demand for products worldwide January 28th, 2015

HP Supercomputer at NREL Garners Top Honor October 19th, 2014

Graphenea opens US branch October 16th, 2014

Announcements

Scientific breakthrough in rechargeable batteries: Researchers from Singapore and Québec Team Up to Develop Next-Generation Materials to Power Electronic Devices and Electric Vehicles February 28th, 2015

First detailed microscopy evidence of bacteria at the lower size limit of life: Berkeley Lab research provides comprehensive description of ultra-small bacteria February 28th, 2015

Leti to Offer Updates on Silicon Photonics Successes at OFC in LA February 27th, 2015

Moving molecule writes letters: Caging of molecules allows investigation of equilibrium thermodynamics February 27th, 2015

Energy

In quest for better lithium-air batteries, chemists boost carbon's stability: Nanoparticle coatings improve stability, cyclability of '3DOm' carbon February 25th, 2015

New nanowire structure absorbs light efficiently: Dual-type nanowire arrays can be used in applications such as LEDs and solar cells February 25th, 2015

Learning by eye: Silicon micro-funnels increase the efficiency of solar cells February 25th, 2015

Magnetic nanoparticles enhance performance of solar cells X-ray study points the way to higher energy yields February 25th, 2015

Events/Classes

Leti to Offer Updates on Silicon Photonics Successes at OFC in LA February 27th, 2015

Hiden CATLAB Microreactor System at ARABLAB 2015 | Visit us on Booth 1011 February 26th, 2015

Indefinite Life Extension Activists Organize Online Demonstration February 26th, 2015

Renishaw and Bruker team up for a workshop on TERS and co-localised AFM Raman February 26th, 2015

Solar/Photovoltaic

New nanowire structure absorbs light efficiently: Dual-type nanowire arrays can be used in applications such as LEDs and solar cells February 25th, 2015

Learning by eye: Silicon micro-funnels increase the efficiency of solar cells February 25th, 2015

Magnetic nanoparticles enhance performance of solar cells X-ray study points the way to higher energy yields February 25th, 2015

Researchers enable solar cells to use more sunlight February 25th, 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