CIGS solar stocks to watch include XsunX, Inc. (OTCQB: XSNX) , Ascent Solar Technologies, Inc. (NASDAQ:ASTI), Solar Thin Films, Inc. (OTC: SLTZ), Solar Frontier subsidiary of Showa Shell Sekiyu K.K. (TYO: 5002) and TSMC Solar , a wholly-owned subsidiary of Taiwan Semiconductor Manufacturing, Inc. (NYSE:TSM). Solar Frontier is the world's largest CIGS manufacturer.
The U.S. Photovoltaic Manufacturing Consortium (PVMC), an industry-led consortium for cooperation amongst industry, university, and government partners to accelerate the development, commercialization, manufacturing, field testing and deployment of next-generation solar photovoltaic (PV) has released its first-ever U.S. CIGS PV Roadmap report.
According to their press release, "Photovoltaics and especially thin-film PV are again at a tipping point," said Larry Kazmerski, co-chair of the U.S. CIGS PV Roadmap. "We want PV to be a substantial part of the world's energy portfolio and our efforts with this roadmap are aimed to help make CIGS thin films a significant part of that solar success."
XsunX, Inc. (OTCQB: XSNX) says its processing technology, which they call CIGSolar®, focuses on the mass production of thin-film CIGS solar cells utilizing a proprietary multi-area thermal deposition process to minimize processing defects to create highly uniform CIGS films. The cells match silicon solar cell dimensions and could provide a low-cost alternative to the use of silicon solar cells. According to XsunX, Inc.CEO Tom Djokovich. “What is unique to CIGS is that it offers the opportunity to match or exceed the conversion efficiencies of silicon and can cost less to manufacture. The silicon industry benefits from about 30-years of incremental improvements while we are just getting going with CIGS, and this is where the real excitement in CIGS lies - the industry has so much untapped potential.”
TSMC Solar , a wholly-owned subsidiary of Taiwan Semiconductor Manufacturing, Inc. (NYSE:TSM).announced in June, confirmation by TUV SUD that its latest commercial-sized (1.09 m2) CIGS champion module has achieved 15.7% module total area efficiency. The new champion module improves on TSMC Solar's previous 15.1% world record set in January this year. The module was produced using the current manufacturing equipment and materials at the company's manufacturing facility in Taichung, Taiwan.
For investors following the solar sector the take -away is CIGS will be playing a key role in the future of solar efficiency and its overall success .
The Photovoltaic Manufacturing Consortium (PVMC), spearheaded by SUNY's College of Nanoscale Science and Engineering (CNSE) and SEMATECH as part of the U.S. Department of Energy's (DOE) SunShot Initiative, is an industry-led consortium for cooperative R&D among industry, university, and government partners to accelerate the development, commercialization, and manufacturing of next-generation solar photovoltaic (PV) systems. Through its programs and advanced manufacturing development facilities, PVMC is a proving ground for innovative solar technologies and manufacturing processes. For more information on the U.S. PVMC, visit http://www.uspvmc.org.
To download the U.S. CIGS PV Roadmap reports, please visit http://www.uspvmc.org/roadmap/roadmap_reports.html.
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