Advanced Technology & Materials (AT&M) and Odersun AG are planning to form a joint venture in Beijing, China, for the production and sales of solar cells and modules from Odersun’s CIS thin-film technology. The construction of the facilities in Beijing are anticipated to begin in 2010.
“Here we have the unique opportunity to address the Chinese market and at the same time to further accelerate innovation at Odersun in cooperation with a highly competent partner,” states Dr. Hein van der Zeeuw, CEO of Odersun. “While we continue with our current expansion plans in Germany, our future technology development will benefit from AT&M’s expertise and longtime experience in material technology and manufacturing.”
The two companies began working together in 2004 when AT&M was an investor in Odersun and a partner in many of their joint research projects. They look at this new JV as a way to take advantage of the growing PV industry in China.
