Technology Leader Continues to Invest in Facilities and Personnel in Key Markets Worldwide
WEST CONSHOHOCKEN, Pa., Sept. 20, 2012 The Heraeus Photovoltaics Business Unit reaffirms its commitment to the industry in 2012 through significant investment in new products, new facilities, increased production capacity, R&D resources, and additional personnel.
While the photovoltaic market has slowed down in recent months, Heraeus stands by its mission to reduce the cost per watt of solar cells via silver paste technology to bring even greater value to customers in the future. With new or expanded facilities and additional personnel in key photovoltaic markets across the globe, Heraeus PV is now able to even better serve its customers. At the end of 2011 Heraeus opened its Asian R&D Center and Production Facility in Singapore, which continues to expand its capacity for Southeast Asia customers. In 2012 the company completed expansion of its German facility, established a new Taiwan production facility that will be fully operational by Q4, and commenced expansion of its Shanghai facility with scheduled completion in Q1 2013.
“Our confidence in the future of Solar Energy is reflected in the continued investment that we are making in the face of the current market situation,” says Andy London, Global Manager of the Photovoltaics Business Unit.