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Moncada enters solar energy market with contract for Applied Materials’ SunFab thin film line

10 July 2008 | Materials: News From Around The Web | Source: marketwatch.com
The Moncada Energy Group s.r.l., a leading private producer of renewable energy in Italy, has awarded Applied Materials, Inc. a contract to establish what will be Moncada's first photovoltaic (PV) module production facility and Applied's first SunFab(TM) line in Italy. The Applied SunFab Thin Film Line will produce large 5.7m2 single junction PV modules at a facility to be located in Campofranco, Sicily, and is expected to have an annual rated capacity of 40MW.

Applied's SunFab production line will add to Moncada's existing power production capacity of more than 105MW in wind energy, and will expand Italy's growing infrastructure of renewable energy installations. Moncada plans to use the SunFab-produced modules to build solar farms on some of the same land where its wind turbines are located, effectively double-harvesting its clean energy resources.

"We believe that the large 5.7 square meter modules produced by the SunFab line will enable lower production and installation costs, making them an excellent solution for quickly achieving grid parity in Italy," said Salvatore Moncada, CEO and founder of Moncada Energy Group. "Based on Applied's strong leadership in manufacturing, and its capability to provide complete service support - which is unprecedented in today's solar industry - we are confident that Applied can help us quickly start up our SunFab line and achieve production in 2010." 

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