Wednesday, May 26, 2010

Applied Materials and China Energy Conservation To Cooperate on Solar Photovoltaic Technology

Applied Materials, Inc. and China Energy Conservation and Environmental Protection Group (CECEP), a leading new energy company in China, on May 26th  announced that they have signed a memorandum of understanding (MOU) to explore projects for accelerating the development and deployment of solar photovoltaic (PV) technology. The non-binding MOU forms a framework for Applied Materials and CECEP to work together on a range of activities to further CECEP’s solar PV industry strategy and roadmap.

CECEP plans to build a 5MW utility-scale PV power plant in Inner Mongolia using silicon-based thin film solar modules for the first time. ENN Solar Energy Co., Ltd. has won the bid to supply modules for this project and will use 5.7m2 tandem junction, thin film, solar modules manufactured on ENN’s SunFab line which was supplied by Applied Materials.

“The collaboration between CECEP and Applied Materials will further advance the deployment of the latest PV technologies in China,” said Mr. Li Junfeng, Deputy Director of the Energy Research Institute of the National Development and Reform Commission. “The 5MW solar farm that CECEP plans to build in Inner Mongolia, using Applied’s SunFab technology, will be the largest thin film, utility-scale solar farm in China when completed.”

The announcements were made during the U.S.-China Renewable Energy Forum held in Beijing which was attended by Mr. Zhang Guobao, Chairman of China’s National Energy Administration (NEA), and Mr. David Sandalow, Assistant Secretary of the U.S. Department of Energy.

“The MOU signed today between CECEP and Applied Materials truly reflects the essence of the US-China Renewable Energy Forum,” stated David Sandalow. “Collaboration and cooperation between China and the United States, and between the public and private sectors, is critical to meet the growing global demand and imperative for clean energy.”

“We are excited to be working with Applied Materials to explore solar development opportunities, especially in the deployment of large, utility-scale solar farms,” said Mr. Chen Shuguang, Vice President of China Energy Conservation and Environmental Protection Group and Chairman of CECIC Solar Energy Technology Company. “We believe Applied Materials’ SunFab thin film solar technology delivers the superior field performance that can help us to rapidly achieve our goal of powering many more cities and millions of people through solar. Working with Applied Materials, we can promote the adoption of solar PV power in China and integrate solar module manufacturing into CECEP’s business.”

“With China's growing energy needs, our relationship with CECEP represents a great opportunity to promote sustainable energy development through the optimal use of renewable energy generation with solar power,” observed Dr. Mark Pinto, Executive Vice President and Corporate Technology Officer at Applied Materials. “With our PV technology expertise and global capability, Applied can offer leading PV technology and manufacturing solutions to China’s solar industry. We believe our unique 5.7m2SunFab thin film solar technology is the best solution for utility-scale solar farms, offering easier installation, lower balance of system costs, and superior field performance. Working with our partners and customers, we will continue to help drive down the installed cost per watt of solar PV electricity to make it more affordable and accessible for everyone.”

China Energy Conservation and Environmental Protection Group (CECEP) is the only state-owned enterprise in China that has specialized in energy conservation and environmental protection since its establishment in 1988. CECEP has been devoted to promoting energy conservation and environmental protection technology and projects. The company has a long term commitment to urban energy conservation and the construction of an environmental protection infrastructure, industrial energy-conservation and emission reduction, clean technology and new energy.

At present, CECEP has 93 wholly-owned subsidiary companies and more than 20,000 employees. CECEP has already become the most unique and competitive investment group and integrated service provider in the fields of energy conservation and environmental protection. Learn more at www.CECEP.cn.

Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in Nanomanufacturing Technology™ solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at www.appliedmaterials.com

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