Nines Photovoltaics secures €3 Mio. investment from InnoEnergy

29.05.2018

Nines Photovoltaics (PV), Irish equipment and process developer, has secured €3 million from InnoEnergy, Europe’s sustainable energy innovation engine, to bring its novel solar PV manufacturing process – atmospheric dry etching (ADE) – to market.

ADE is set to transform the economics of solar PV manufacturing by future-proofing against technology advancements. It is a universal texturing process for any type of crystalline wafer and allows seamless switch of wafer supply – making it highly cost effective. Wafers textured using this process will provide extra low reflectivity over conventional technologies increasing the efficiency of solar cells.

The solar market is expected to grow to 489 GW by 2020 fuelled by a rise in demand for renewable energy sources. To capitalise on this rapid market growth, Nines PV – based in Ireland – will use the funding to develop and commercialise a high throughput production tool that will enable manufacturers to produce 6,000 wafers per hour. The tool will be developed in collaboration with machine builder, NTS System for delivery to Hanwha Q CELLS.

In addition to the funding, InnoEnergy will support Nines PV in the consolidation of its business case. To do this, InnoEnergy will leverage its ecosystem to provide support such as business development and sales, fundraising, team enhancement and marketing and communications expertise.

Javier Sanz, Renewable Energy Thematic Leader at InnoEnergy said: “This is exactly the type of innovation that gets us excited. This technology has the ability to transform the economics of solar PV manufacturing and drastically increase solar cell efficiency. ADE ticks all the boxes in our mission to accelerate Europe’s energy transition towards a low-carbon future.”

Edward Duffy, CEO at Nines PV, added: “InnoEnergy’s investment proves the transformative potential of the technology. But it’s not just their investment – InnoEnergy’s expansive network will help us find the right partners to make this project a success. By commercialising our tool, we believe we can play a major role in the upcoming wave of PV cell production and look forward to seeing how the market reacts.”

Nines PV is planning to rollout the new high throughput industrial tool in 2019.

Quelle: Nines PV

Similar Entries

Energy Taiwan is the largest and most professional renewable energy trading platform in Taiwan

Energy Taiwan is jointly organized by the Taiwan External Trade Development Council (TAITRA) and SEMI. The event will take place from October 16-18, 2019 at the Nangang Exhibition Center Hall 1. The exhibition will feature four major energy themes, PV Taiwan, Wind Energy Taiwan, HFC Taiwan, and Smart Storage Taiwan. It is expected to attract more than 10,000 domestic and foreign buyers of related industries. Over 15 seminars will be organized during the exhibition. Energy Taiwan is the most important trading platform for renewable energy.

Thermal Energy Storage Market

Favorable government initiatives toward renewable energy based power generation along with increasing demand for uninterrupted power supply will augment the thermal energy storage market. In addition, increasing customer focus toward energy efficiency coupled with the implementation of energy storage plans will further complement the industry landscape.

As the pilot phase shows, the patented innovation developed by plusAmpere has enormous potential: The use of the innovative reflector and calculation system improves the worldwide yields of photovoltaic facilities (PV facilities), making them more profitable and cost-efficient (pict. plusAmpere)

The company plusAmpere introduces an innovative “reflector and calculation system” offering an efficient and inexpensive way of increasing the overall yield of existing and newly planned photovoltaic and solar thermal facilities.

Many governments around the world are pushing for more renewable energy, a big percentage coming from solar. Taiwan manufacturers are seizing every opportunity to introduce high-quality and innovative products. Intersolar is the leading solar exhibition and will be held this year in Munich, Germany from May 15-17, 2019. Taiwan Solar Pavilion will be comprised of 13 Taiwanese companies that offer a one-stop total solution to solar needs.