News

19 January 2009

 

Taiwan’s Jenn Feng to start CIGS PV module production in June

Taiwan-based power equipment and lighting product maker Jenn Feng Industrial Co Ltd has been developing copper indium gallium diselenide (CIGS) thin-film photovoltaic (PV) modules, and plans to start volume production this June, according to the Chinese-language Economic Daily News (EDN), report Digitimes.

Jenn Feng expects that it will soon complete its first CIGS thin-film PV module production line (with an annual capacity of 35MWp), then add more lines of equal capacity (up to 8-10 in total) in August.

Jenn Feng claims to have reached an energy conversion efficiency of 10.5% with its trial production run of CIGS thin-film PV modules, and aims to boost the rate to 12-15%, according to EDN.

To fund expansion of the solar energy business, Jenn Feng plans to raise additional paid-in capital through issuing 50 million new shares. One of the top-ten power plants in the US and a Singapore-based high-tech enterprise are said to be ready to subscribe to portions of the new shares at NT$40 (US$1.21) per share, EDN indicated. Jenn Feng’s stock closed at NT$22.8 at the Taiwan Stock Exchange (TSE) on 17 January.

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Search: CIGS Thin-film PV modules

Visit: www.digitimes.com/news/a20090119PR200.html