Applied invests in solar-wafer maker Solaicx
By Michael Kanellos, CNET News.com
Published on ZDNet News: November 20, 2006, 10:15 AM PT
http://news.zdnet.com/2100-9595_22-6137205.html
The venture arm of equipment maker Applied Materials has invested $3 million into Solaicx, a small company trying to put a dent into the shortage of silicon for solar cells. Solaicx specializes in equipment for making silicon ingots, logs of pure silicon that get heated to high temperatures and then sliced like lunch meats to make silicon wafers. The silicon in the ingots must meet an extraordinarily high level of purity. As a result, producing silicon wafers for the solar industry, which subsequently can be chopped up and processed for solar cells, is a difficult and expensive process.