According to Greentech Media, CPV start-up, Soliant, which went into administration earlier in March, has been sold for only US$450,000 to Emcore. However, GTM reported that Emcore owed Soliant US$200,000 due to faulty solar cells it had previously supplied to the CPV firm. These cells were Emcore’s next-generation triple-junction III-V technology, which has yet to gain much traction in the market, not least in Emcore’s own CPV systems using the cells.
Emcore announced that as part of the acquisition, it would integrate the former Soliant research and development and pilot production line into its existing facilities located in Alhambra, California (near Los Angeles), while the commercial manufacturing operations would transfer to its joint venture operation in China, Suncore.
Some key members of the defunct Soliant team would join the company to push the technology, which was focused on the industrial/commercial rooftop market rather than ground-mounted utility market, in which Emcore was attempting to develop its own CPV technology.