OCIM, a South Korean polysilicon manufacturer, will supply CubicPV with U.S.-compliant silicon for development of solar wafers.
Driven by incentives in the Inflation Reduction Act, CubicPV plans to establish 10 GW of conventional mono wafer manufacturing capacity in the United States. The wafers produced by the new facility could fill a void in the domestic supply chain as well as create 1,500 new direct jobs.
A true next generation of solar cell technology is upon us. It is time to contemplate the benefits.
Also on the rise: JinkoSolar says demand softened as polysilicon prices rose in Q1, battery EVs are forecast to rule the roads by 2050, and New York State issues site permits for two solar projects.
1366 Technologies CEO Frank van Mierlo is a betting man and he’s betting your humble narrator that high-efficiency tandem solar cells are the near-term commercial future of solar.
Also in the brief: Even after a report stated the company is a fraud, a reported SEC investigation and the resignation of its founder, some traders continue to buy Nikola shares. Plus the Utah solar residential solar struggle continues — there’s a public comments session today.
The company’s technology falls in the ‘kerfless’ wafer category: Instead of sawing silicon ingots into wafers, a time-consuming and wasteful process, 1366’s technology forms wafers directly using molten silicon.
The U.S. wafer maker and the Korean module manufacturer expect to ramp the Malaysian factory no later than September. The fab is next to Hanwha’s existing cell and module facilities and 1366 Technologies plans to produce its Direct Wafers on a gigawatt scale for less than $0.20 per piece.
1366 Technologies, “recipient” of an undisbursed $150 million manufacturing loan guarantee, has received an aggressively-worded letter from the U.S. Department of Energy as it seeks a Section 201 exemption.
The innovative wafer maker will be building its first commercial-scale factory overseas.
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