Soltecture Notes Investor Interest, New Efficiency Record

Posted by SI Staff on June 13, 2012 No Comments
Categories : New & Noteworthy

Germany-based thin-film PV manufacturer Soltecture, which filed for insolvency last month, says its modules have reached new efficiency levels. Its copper indium gallium diselenide modules have reached a peak value of 103.9 W – analogous to a module efficiency of 13.9% aperture, according to the company.

‘Our research and development department was able to increase the module efficiency by another 10 W in less than one year,’ notes Nikolaus Meyer, founder and CEO of Soltecture. ‘That is more than a 10 percent increase.’

In the meantime, the search for an investor continues as planned. Hartwig Albers, the preliminary insolvency administrator, and investment bank Macquarie have initiated the international investor process. Soltecture says ‘numerous’ investors have expressed interested in buying the company and remains confident that a buyer will be found in the coming months.

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