LG is going to make active use of renewable energy
The company LG Electronics announced that it has signed an exclusive agreement for the purchase of polycrystalline silicon wafers with the largest manufacturer of solar cells, the Norwegian company REC Wafer (Renewable Energy Corporation, a unit for the production of the plates). January 22 in Seoul, held a public ceremony of signing an agreement the companies LG Electronics and REC Wafer.
The agreement between LG and REC Wafer will be in the form of a five-year contract with a pre-specified amount, which amount to more than 340 million dollars over the life of the contract. LG will receive a limited number of plates starting in 2010, gradually increasing the volume of shipments during the period of the contract until 2014.
In October 2008, LG Electronics has announced its plans to convert the line of A1 production of plasma panels in the Juma (Korea) in line for production of solar cells. LG plans to invest 220 billion Korean won in two major industrial line, which will be launched in the first quarter of 2010. The annual output of each production line will be 120 MW.
The company believes that by 2010, solar cells based on the amount of crystalline silicon photovoltaic industry 80%, ahead of thin film solar cells. In the photocell on the basis of the crystalline silicon used silicon wafers, while the production of thin film photovoltaic light absorbing base plates and electrodes are covered by other materials, making them relatively cheap for industrial production, but the thin-film solar cells have a lower efficiency. Currently, traffic on the global market for production of solar cells is 10 billion USD.
The agreement between LG and REC Wafer will be in the form of a five-year contract with a pre-specified amount, which amount to more than 340 million dollars over the life of the contract. LG will receive a limited number of plates starting in 2010, gradually increasing the volume of shipments during the period of the contract until 2014.
In October 2008, LG Electronics has announced its plans to convert the line of A1 production of plasma panels in the Juma (Korea) in line for production of solar cells. LG plans to invest 220 billion Korean won in two major industrial line, which will be launched in the first quarter of 2010. The annual output of each production line will be 120 MW.
The company believes that by 2010, solar cells based on the amount of crystalline silicon photovoltaic industry 80%, ahead of thin film solar cells. In the photocell on the basis of the crystalline silicon used silicon wafers, while the production of thin film photovoltaic light absorbing base plates and electrodes are covered by other materials, making them relatively cheap for industrial production, but the thin-film solar cells have a lower efficiency. Currently, traffic on the global market for production of solar cells is 10 billion USD.
Posts
No comments: