Ceres Technologies purchases CIGS technology assets from Veeco

Ceres Technologies advised that it had bought technology and product assets from the CIGS system business that was operated by Veeco Instruments. The CIGS product line is expected to add to Ceres’ products and services for the renewable energy sector with production-ready CIGS deposition tool sets, including machines for Molybdenum back contact, CIGS absorber layer and transparent conductive oxide (TCO) layers.
 
Ceres noted that the current product offering allows for roll-to-roll deposition on stainless steel substrates at 0.3, 0.6 and 1.0 meter widths with its production scale CIGS glass process tool is under development. Under the technology purchase, Ceres additionally received the right to manufacture, support and further develop the CIGS equipment technology that Veeco previously sold.

Kevin Brady, president and CEO of Ceres Technologies, commented, “Ceres intends to selectively collaborate with PV Equipment suppliers, CIGS cell and Module manufacturers and state and federal agencies with the intent of expanding production worthy CIGS manufacturing tool sets to the PV market place. Ceres is well-positioned to facilitate near term and future CIGS module production capacity growth. Our business model fosters strategic partnership with our customers to develop and fulfil pilot line and production scale requirements. Our CIGS equipment platforms, together with our full portfolio of gas and chemical handling products provide our customers with a production worthy supply of equipment infrastructure.”