• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Electrical Engineering News and Products

Electronics Engineering Resources, Articles, Forums, Tear Down Videos and Technical Electronics How-To's

  • Products / Components
    • Analog ICs
    • Battery Power
    • Connectors
    • Microcontrollers
    • Power Electronics
    • Sensors
    • Test and Measurement
    • Wire / Cable
  • Applications
    • 5G
    • Automotive/Transportation
    • EV Engineering
    • Industrial
    • IoT
    • Medical
    • Telecommunications
    • Wearables
    • Wireless
  • Learn
    • eBooks / Handbooks
    • EE Training Days
    • Tutorials
    • Learning Center
    • Tech Toolboxes
    • Webinars & Digital Events
  • Resources
    • White Papers
    • Educational Assets
    • Design Guide Library
    • Digital Issues
    • Engineering Diversity & Inclusion
    • LEAP Awards
    • Podcasts
    • DesignFast
  • Videos
    • EE Videos and Interviews
    • Teardown Videos
  • EE Forums
    • EDABoard.com
    • Electro-Tech-Online.com
  • Bill’s Blogs
  • Advertise
  • Subscribe

Walsin Lihwa signs investment cooperation agreement with German solar energy company Solarion AG

October 31, 2010 By Medical Design Technology

Under the agreement, the two companies will together produce Copper-Indium-Gallium-Diselenide (CIGS) thin-film solar cells and develop next generation solar energy technologies.

Walsin Lihwa, via its wholly owned subsidiary Ally Energy Limited BVI, invests 40 million Euro in Solarion AG, acquiring 49% of the stakes in Solarion AG as well as Solarion AG’s CIGS technology patent licensing. In the afternoon of October 28 (Taiwan local time), Yu-Lon Chaio, Chairman of Walsin Lihwa, and Dieter Waffel, Chairman of Solarion AG, signed the Subscription and Shareholders’ Agreement, License Agreement and Technology Collaboration Agreement at Leipzig City Hall. Under involvement of the Development Bank of Saxony the investment is awarded with a grant of more than 20 million Euro. Both Sven Morlok, State Minister of Economic Affairs of Saxony, and Barkhard Jung, Mayor of Leipzig City, attended today’s signing ceremony.

The Germany-based Solarion AG, a company specializing in solar cells and solar modules, has a number of advanced CIGS solar technologies and related patents. Walsin Lihwa and Solarion AG will together pursue the quantity production of CIGS thin-film solar cells by setting up a solar cell and module plant in 2011 in Leipzig. The initial capacity of the plant is 20 MW, which will be increased to 200 MW. Moreover, the patent licensing that Walsin Lihwa obtains from Solarion AG will enable Walsin Lihwa to independently manufacture and sell CIGS solar products.

According to Walsin Lihwa, the high power conversion efficiency of CIGS enables CIGS thin-film cells to have the greatest development potential. Solarion AG’s CIGS patents and the company’s low-cost, high-performance competitiveness make the cooperation ideal for Walsin Lihwa’s vertical integration strategy and help Walsin Lihwa obtain such patented key technologies in order to have a head start in independent solar energy R&D.

Founded in 2000 in Leipzig, Solarion AG establsihed Europe’s first pilot line for the manufacturing of flexible and highly efficient CIGS thin-film cells in 2002. Solarion’s technology is based on a proprietary ion-beam assisted deposition of the CIGS absorber in a roll-to-roll process. The advantages of this technology are its low deposition temperature, improved solar cell efficiency, higher process speed as well as lower energy and material costs. The utilization of a flexible carrier enables new fields of photovoltaic applications. According to Dieter Waffel, Chairman of Solarion AG, the cooperation with Walsin Lihwa paves Solarion’s way to mass production and help the development of CIGS products and technologies featuring an even lower cost and much higher power conversion efficiency.

Founded in 1966, Walsin Lihwa Corporation has been a leading manufacturer of wire & cable and specialty steel in the Greater China region and now an international conglomerate with diverse investments in high-tech industry and financial investment. In recent years Walsin Lihwa has entered new businesses covering MEMS, LED and solar energy technology based on its long term strategy.

SOURCE

SOURCE

You Might Also Like

Filed Under: Uncategorized

Primary Sidebar

EE Engineering Training Days

engineering

Featured Contributions

Why outdoor charging demands specialized battery connectors

How Li-ion batteries are powering the shift in off-highway equipment

Integrating MEMS technology into next-gen vehicle safety features

Five challenges for developing next-generation ADAS and autonomous vehicles

Robust design for Variable Frequency Drives and starters

More Featured Contributions

EE Tech Toolbox

“ee
Tech Toolbox: 5G Technology
This Tech Toolbox covers the basics of 5G technology plus a story about how engineers designed and built a prototype DSL router mostly from old cellphone parts. Download this first 5G/wired/wireless communications Tech Toolbox to learn more!

EE Learning Center

EE Learning Center
“ee
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for EE professionals.
“bills
contribute

R&D World Podcasts

R&D 100 Episode 10
See More >

Sponsored Content

Designing for Serviceability: The Role of Interconnects in HVAC Maintenance

From Control Boards to Comfort: How Signal Integrity Drives HVAC Innovation

Built to Withstand: Sealing and Thermal Protection in HVAC Sub-Systems

Revolutionizing Manufacturing with Smart Factories

Smarter HVAC Starts at the Sub-System Level

Empowering aerospace E/E design and innovation through Siemens Xcelerator and Capital in the Cloud

More Sponsored Content >>

RSS Current EDABoard.com discussions

  • LLC converter shoot through currents at start-up
  • Step Up Push Pull Transformer design / construction
  • How to create custom diode and add its netlist into Ansys circuit designer schematic?
  • Two sections broadband impedance matching
  • connector model question

RSS Current Electro-Tech-Online.com Discussions

  • Impact of Tariffs on PCB Fab
  • Wierd makita battery
  • More fun with ws2812 this time XC8 and CLC
  • I Wanna build a robot
  • Earbud wiring w/ mic
Search Millions of Parts from Thousands of Suppliers.

Search Now!
design fast globle

Footer

EE World Online

EE WORLD ONLINE NETWORK

  • 5G Technology World
  • Analog IC Tips
  • Battery Power Tips
  • Connector Tips
  • DesignFast
  • EDABoard Forums
  • Electro-Tech-Online Forums
  • Engineer's Garage
  • EV Engineering
  • Microcontroller Tips
  • Power Electronic Tips
  • Sensor Tips
  • Test and Measurement Tips

EE WORLD ONLINE

  • Subscribe to our newsletter
  • Teardown Videos
  • Advertise with us
  • Contact us
  • About Us

Copyright © 2025 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Privacy Policy