The U.S. Photovoltaic Consortium (PVMC) and Ceres Technologies, a nanotechnology manufacturer, have launched a $20 million partnership under which Ceres will become one of the first official suppliers of manufacturing equipment to the PVMC.
The PVMC is headquartered at the College of Nanoscale Science and Engineering's (CNSE) Albany NanoTech Complex in Albany, N.Y. Through this collaboration, Ceres projects the creation of more than 250 jobs over the next five years, including research and development jobs, facilities and manufacturing jobs at its facility and supply chain in Saugerties, N.Y., and Kingston, N.Y., as well as at CNSE in Albany.
To assist this partnership, $764,000 in Excelsior Tax Credits have been awarded to Ceres by Empire State Development through the Mid-Hudson Regional Economic Development Council.
The PVMC will focus on copper indium gallium diselenide (CIGS) solar research. Ceres will join PVMC as a core member and serve as a key partner in establishing an advanced manufacturing development facility at CNSE to enable rapid prototyping of innovative solar devices.
‘These advanced manufacturing tools will enable PVMC to lead the U.S.' CIGS module and supply chain community in making critical improvements in the efficiency and cost of next-generation solar technology,’ says Doug Hall, PV Manufacturing Initiative portfolio manager for the U.S. Department of Energy's SunShot Initiative.