Online information source for semiconductor professionals

Applied Materials bags another $1 billion SunFab customer

27 October 2008 | By Mark Osborne | News > Wafer Processing

Popular articles

‚??Velocity‚?? the new buzzword in Intel‚??s PQS annual awards - 12 April 2012

Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008

New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011

Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008

TSMC honors suppliers at annual Supply Chain Management Forum - 03 December 2008

Applied Materials SunFab thin film lineThe Dubai Government is following in the footsteps of the Abu Dhabi Government with the formation of a photovoltaics manufacturing company that will use Applied Materials ‘SunFab’ solar thin film technology. Solar Technologies FZE has been established in the Dubai Technopark, which will invest initially in two ‘SunFab’ lines with a capacity of 130MW with production slated to begin at the end of 2010. The new company plans to expand production to 1GW by 2015 with manufacturing plants in China, Mexico and Bulgaria. Total investment is estimated at over $1 billion.

The new business was announced at a two day event held in Atlantis, Palm Jumeirah, Dubai, by Mr. Sultan bin Sulayem, Chairman of Dubai World. The Dubai news follows that of Masdar PV in May 2008 to invest initially $600 million in two separate ‘SunFab’ turnkey module production lines supplied by Applied Materials in Erfurt, Germany and in Abu Dhabi.

“The potential of solar energy is unbelievable. The energy from sunlight striking the earth for 40 minutes is equivalent to the global energy consumption for a whole year,” commented Mr. Dilip Rahulan, Chairman and CEO, Solar Technologies FZE. “The mission of Solar Technologies is to accelerate the adoption of solar photo voltaic by rapidly expanding manufacturing capacity and significantly reducing the cost of solar modules through innovations and manufacturing excellence. We intend to become one of the largest solar photo voltaic module manufacturing units in the world over a period of time.”

Solar Technologies FZE Dubai Technopark

 

Related articles

Applied Materials names new head of Strategic Operations - 22 May 2008

Major executive shuffling at Applied Materials as St. Dennis leaves - 21 September 2009

Applied Materials expands ‚??SunFab‚?? tool manufacturing in Taiwan - 23 July 2008

Gilad Almogy to head Applied Materials Display and Thin Film Solar Products Business Group - 06 August 2008

AMAT‚??s Mark Pinto honoured with J.J. Ebers Award for 2008 - 16 December 2008

Reader comments

No comments yet!

Post your comment

Name:
Email:
Please enter the word you see in the image below: