1366 Technologies, a Massachusetts-based solar wafer manufacturer, and Tokuyama Corp., a Japan-based silicon producer, have entered into a strategic partnership to accelerate the adoption of 1366's Direct Wafer manufacturing process.
The terms of the non-equity partnership were not disclosed, but the two companies say they will combine resources and collaborate on research and development efforts.
‘Strong partners are an essential element to our success, and we have found another in Tokuyama. This is a fantastic validation of our technology with tremendous upside,’ says Frank van Mierlo, CEO of 1366 Technologies." When many in the solar industry are pulling back, 1366 and Tokuyama are readying for the inevitable global market turnaround."