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Neo Solar Power (NSP) and Centrotherm Photovoltaics AG Entered MOU for 20+ Solar Cell Project to Advance Conversion Efficiency

September 25th, 2008 by kalyan89 in Press Releases, Reports, PV Industry - Asia, SC Company Reports

Source: Neo Solar Power Press Release, August 19, 2008

Neo Solar Power (NSP, 3576 TT), a leading manufacturer of high quality solar cells, and Centrotherm Photovoltaics AG (Centrotherm), a global dominant solar equipment provider, entered into a Memorandum of Understanding on research and development collaboration to significantly improve solar cell efficiency targeting at over 20% for mass production. This collaboration project, 20+ solar cell project, aims to develop through production process improvement and eventually a re-engineering on device structure of conventional solar cells. The 20+ solar cell project will emphasize on improvement of conventional solar cell through better spectral response and effective light trapping; and innovative device structure design to substantially raise cell efficiency from current level. Through efficiency advancement, both partners expect to benefit from value created on manufacturing cost reduction and gross profit upturn in solar cell production.

Through research of better spectral response, cell efficiency will be increased by more blue light absorption. Effort on effective light trapping is to obtain higher photocurrent. Next stage research focus will be aimed on new device structure. Via device re-engineering, both partners expect to further achieve conversion efficiency soar to over 20% for mono-crystalline and 18.5% for multi-crystalline, The project effort is geared toward high efficiency and low cost solar cells in mass production stage that is expected to accelerate reaching grid parity.

“NSP is glad to partner with Centrotherm Photovoltaics on research collaboration for 20+ solar cell project to enhance efficiency performance and achieve cost saving on solar cell manufacture. Both partners have proven extensive research capacity, process improvement know-how, and process engineering structure for solar cell production. Through joint effort of Centrotherm Photovoltaics and NSP, we are confident to resolve major breakthrough on process improvement and device re-engineering to achieve cell cost reduction and drive solar energy to become a competitive energy source compared to grid,” said Dr. Quincy Lin, Chairman of NSP.

About Neo Solar Power Corporation
Founded in 2005, NSP specializes in manufacturing of high quality solar cells. Based in Hsinchu Taiwan, NSP currently has Fab 1 in full production at with 90MW capacity and expects its new Fab 2 at Hsinchu Science Park to launch production in the third quarter of 2008 with an ultimate capacity of 600 MW. Seasoned  through a long history in the semiconductor and solar industry, NSP produces cells with high efficiency and minimum ower loss. Leveraging core competence on quality, technology and technical services, NSP aims to become a global leader in the photovoltaic industry and to make solar energy a competitive energy source. For more information on NSP, please visit