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Solar
Semiconductor, a rapidly growing producer of high-quality photovoltaic
(PV) modules, today announced a strategic partnership with Motech
Industries, Inc., a premium cell manufacturer. This multi-year
strategic partnership is for the supply of approximately 120MW of
cells. Through this partnership, Motech will be supplying high-quality
PV cells to Solar Semiconductor, and in order to meet demand and ensure
a steady supply of cells, Motech will strategically cooperate with
Solar Semiconductor to explore processing wafers for conversion into
cells.
"It is essential for Solar Semiconductor to obtain more quality cells at competitive prices," said Mr. Hari Surapaneni, CEO of Solar Semiconductor. "Motech cells are already part of our high-quality modules. With this new commitment, we have further enhanced our partnership with Motech to a strategic level. Beyond being a direct cell supplier, Motech is committed to explore all cooperative arrangements to support our aggressive growth plans."
Solar Semiconductor is a global producer of PV modules using mono- and multicrystalline cells and offers its products and services to the worldwide solar PV module market. Motech is now the 5th largest crystalline solar cell manufacturer in the world.
