Less than one week after announcing its ramp up of Tedlar production in North Carolina, DuPont has unveiled plans to double the production capacity for its Solamet photovoltaic metallization pastes. DuPont asserts that it is trying to stay ahead of the growing solar demand and acknowledges that the increase is in-line with its expectation for its sales to reach US$1 billion in 2011 and US$2 billion by 2014.
“We are seeing extremely strong demand from our customers, while the supply of certain materials in the photovoltaic market has been tight,” said David B. Miller, president of DuPont Electronics & Communications. “This additional capacity expansion demonstrates our commitment to decreasing dependence on fossil fuels by meeting our customers’ needs for materials that increase the efficiency of solar cells and modules. By increasing efficiency, Solamet paste helps reduce overall system costs, thereby making photovoltaic power more competitive with other forms of electricity generation.”
The increase in the Solamet capacity will encompass the DuPont microcircuit materials facilities in Manati, Puerto Rico, Dongguan, China, and Taoyuan, Taiwan. Expansion work has an estimated completion date for sometime in 2011.