Emcore, San’an create Suncore joint venture to develop, manufacture, distribute CPV gear in China

Facebook
Twitter
LinkedIn
Reddit
Email

Emcore and San’an Optoelectronics have signed a joint-venture deal for the development, manufacture, and distribution of concentration photovoltaic (CPV) receivers, modules, and systems for terrestrial solar power applications in China. The JV, called Suncore Photovoltaics, will be owned 40% by Emcore and 60% by San’an, which is San’an is the largest producer of LED chips and epitaxial wafers in China and is also a leader in CPV manufacturing and deployment in the country.

Under the terms of the agreement, all operational activities and business for CPV receivers, modules, and systems at both San’an and Emcore’s Langfang, China, manufacturing facilities will eventually be transferred to Suncore at its primary manufacturing operations to be located in Wuhu City, Anhui, China.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The Wuhu economic development organization has agreed to provide Suncore with significant economic incentives, including land, subsidies, grants, and other incentives, although the amount of the incentives was not announced.

Suncore will become Emcore’s primary low-cost, high-volume manufacturing base for CPV receivers incorporating the company’s CPV solar cells, and also for CPV modules and systems to support both the JV partners’ worldwide sales efforts.

Subsequent to the establishment of Suncore, the company will begin to produce 12MW of CPV systems for San’an’s current customers and 2MW of CPV components for projects sourced by Emcore.

The companies are also aggressively pursuing multiple CPV project opportunities, including the 280MW solar energy plan in six western regions of China recently announced by the Chinese government.

In conjunction with the formation of the JV, Emcore will grant Suncore an exclusive license to manufacture Emcore’s current and future improved CPV receivers, modules, and systems in China for terrestrial solar power applications.

San’an chairman Xiucheng Lin will serve as the new venture’s chairman, while Emcore’s senior VP  Charlie Wang will become GM.

“The formation of this joint venture represents a significant step in Emcore’s business strategy toward introducing CPV products for terrestrial solar power applications in one of the fastest growing solar power markets,” said Hong Hou, president/CEO of Emcore. “By commercializing Emcore’s terrestrial Gen-III CPV systems through this low-cost manufacturing base, we believe Emcore will be in position to gain significant advantages over competing terrestrial solar technologies. Furthermore, the joint venture provides an ideal platform to penetrate China’s emerging renewable energy market.”

“China is accelerating development and deployment of solar energy resources,” said San’an’s Lin. “The potential for CPV terrestrial systems over the next several years is enormous. Combining the advantages provided by San’an and Emcore, the joint venture will have the capability of high-volume and low-cost manufacturing, the most advanced CPV technology and continued innovation. Suncore will play a key role in accelerating the market adoption and deployment of CPV solar power.”

Additional financial terms of the agreement were not disclosed.

Read Next

February 14, 2025
Renewables developer Invenergy has begun commercial operations at a 300MW solar PV plant in the US state of Texas.
February 14, 2025
Nozomi Energy has appointed Shizen Operations, a subsidiary of the Shizen Energy Group, to manage a 312MW solar portfolio in Japan.
Premium
February 14, 2025
“As the market develops, there’s more sophisticated views of the market,” said Aldevinas Burokas at Solar Finance & Investment Europe 2025.
Premium
February 14, 2025
Several distributors told PV Tech that they received messages from suppliers that some PV module manufacturers are considering increasing prices.
February 14, 2025
Brite Solar has commissioned a 150MW transparent module manufacturing plant in Greece that will produce modules for the agriPV sector.
February 14, 2025
Environmental Law & Policy Center argued that PJM’s scoring system would favour specific resource classes, such as combined cycle gas.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 17, 2025
London, UK
Solar Media Events
February 19, 2025
Tokyo, Japan
Solar Media Events
March 11, 2025
Frankfurt, Germany