PVNext Corporation, a subsidiary company of RITEK group, located in Hsin Chu county in Taiwan, is devoted to state-of-the-art CIGS (Copper, Indium, Gallium and Selenium) solar modules development and manufacturing. CIGS solar modules are less expensive per Watt installed, more efficient in low-angle and low-light conditions and consume less material overall. PVNext CIGS solar module’s efficiency has reached 10% in a 600 mm x 1,200 mm module size, and targeting 12% in 2011. 30 MW CIGS production line has been completely installed in 2010, ramp up is under proceeding.
Reported by Jeanny H. Lim
What do you see as the trends and market forces driving PV technology in the second half of 2011?
I expect higher efficiency and more cost reduction will be the driving force to PV technology.
How are PV prices expected to develop in the second half?
Basically, the demand shall increase in the second half. There is always a hot demand in Q2 and Q3 each year, after a slow demand in Q2, there is only Q3 left for the installation in the second half of 2011. After all, most of the FiT policies have been finalized in the major markets and the PV product price dropped in the past few months. I expect the price will become stable for the increasing demand in the second half.
Where do you put your focus this year, in terms of business growth and technology development?
For business, we will focus on the European, U.S. and China markets. For technology development, we will focus on improving efficiency and yield rate.
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