AccuStrata has signed a contract to sell its monitoring and automation systems to one of India’s largest crystalline silicon solar cell manufacturers. The platform will help to increase the yields of the unnamed firm and represents AccuStrata’s largest deal to date in Asia.
“After successfully demonstrating our technology with US-based manufacturers, we are now very excited to enter the global market and more broadly impact the solar industry,” AccuStrata CEO, Dr. Ari Tuchman, said.
By increasing the efficiency of solar cells and panels at fixed cost, AccuStrata's platform technology reduces per-Watt manufacturing costs and also increases energy production, subsequently driving more revenue to manufacturers.
“We aim to generate approximately US$5 million in incremental revenue per manufacturing line for our customers and improve their margins by 50%,” Tuchman added. “This enables our customers to increase capacity and utilisation and increase shipments, even in the face of reduced subsidies.”