DuPont To Enter Thin Film Amorphous Silicon Market

Per DuPont press release:

DuPont (NYSE: DD) announced that it will soon begin construction on a research center in Hong Kong and a manufacturing facility in Shenzhen to support the rapidly growing photovoltaic (PV) solar energy industry.  . . .

DuPont expects growth in the photovoltaic market to exceed 30 percent in each of the next several years. The company has made significant investments in product development and capacity expansions to help keep pace with the demand.

Accelerating its capability to meet emerging materials requirements is critical for DuPont, which has long been a leading supplier of materials primarily serving the crystalline silicon (c-Si) cell and module markets. The expansions in Hong Kong and Shenzhen will provide new offerings to serve the amorphous silicon (a-Si) thin film market.

Thin film technology is well-suited for large-scale utility applications such as "solar farms" and industrial installations. The growth rate for thin film is projected to be approximately twice as high as demand for c-Si, and DuPont expects this increase to drive specifications for both new and existing products that serve the thin film industry.

This announcement is important because it shows that Dupont recognizes that the PV market is significant and growing. It can bring its manufacturing expertise to produce low cost products for the fastest growing segment of the solar PV market. Locating the manufacturing facility in Shenzhen takes on the Chinese manufacturers on their home turf.

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Thin film technology is well-suited for large scale utility applications such as solar farms and industrial installations.

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DuPont spotted very well this great opportunity for business in the new age of renewable resources and alternative materials and energies. This is why they are the leader in their business field.

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Emerging materials are already a huge industry in Asian markets like China, therefore DuPont couldn't have missed this opportunity for development. It's great for everybody, end consumers or entrepreneurs.

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Thin film technology is well-suited for large-scale utility applications such as "solar farms" and industrial installations. The growth rate for thin film is projected to be approximately twice as high as demand for c-Si, and DuPont expects this increase to drive specifications for both new and existing products that serve the thin film industry.

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Like any new solar technology, amorphous silicon production has higher startup costs than more common technologies that use materials such as silicon. But the costs should come down with mass production, and structurally, amorphous silicon thin films are simpler than other thin film technologies.

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It's the mere fact that Dupont cares about the environment what makes them great all this time...

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Something that most people don't realize is that all of the minerals needed used for viable energy alternatives are in China. The US has not expanded its infrastructure in years and we just flat out don't have the amount anymore. PV panels are the best alternative, but not if China ends up owning all of the hard materials needed!

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Thin film technology is well-suited for large scale utility applications such as solar farms and industrial installations.

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Interesting to see a new investment in thin silicon solar. I wonder if Dupont and others will start feeling squeezed by Nanosolar on price per watt, or whether they can be competitive.

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I was going to ask why in China but after I read your comment it made sense.

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Is it really going to grow by 30% in the next few years? I wonder how it's doing now.

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It's good that they recognize the potential for growth in this market like you said.

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When will the facility be ready and operational? Or is it already?

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I didn't know dupont was interested in stuff like this. Good for them!