Energy Conversion Devices, Inc. (ECD Ovonics) (NASDAQ:ENER) announced today that it is expanding its thin-film solar module manufacturing capacity by another 60MW per annum by adding a second facility at its Greenville, Michigan site. This second facility is expected to begin operation in mid-2008.
This expansion represents the next phase in the company’s announced intention of expanding its solar module manufacturing capacity to an expected annual capacity exceeding 300MW by 2010. The company is presently constructing its first 60MW per annum facility at its Greenville site, which is expected to begin operation in late 2007. A new 30MW per annum facility (Auburn Hills II) is anticipated to begin operation in Fall 2006. ECD Ovonics' existing solar module manufacturing plant (Auburn Hills I) is presently at 28MW per annum and continues to advance manufacturing production to its expected capacity of 30MW per annum.
ECD Ovonics operates its solar module business through its wholly owned United Solar Ovonic (USO)subsidiary. USO is the world leader in thin-film amorphous photovoltaics. Their high-volume production equipment is the world's largest and most advanced machine for the manufacture of thin-film amorphous-silicon alloy solar cells USO holds the basic patents covering the continuous roll-to-roll manufacturing of thin-film amorphous-silicon alloy multi-junction solar cells and related products.