International Solar Electric Technology (ISET) announced that it had recently shipped its first full-sized modules to customers in South Korea from its pilot production site in Los Angeles. The initial products are said to have been designed and manufactured to meet the specifications of distributed power markets with aims to supply off-grid electricity to the agricultural, industrial and transportation market segments.
The company advised that it had raised just under US$18 million to develop its pilot site in Los Angeles, which is said to be able to produce CIGS modules from bare glass to final module assembly. ISET states that it is the first PV company to ship monolithically-integrated CIGS products based on a printed ink process.
ISET’s CEO and president Dr. Vijay Kapur identified this milestone as “the product of thinking globally and competitively,” pointing out that “global competition has pushed prices to a level which we had anticipated from the start. For that reason, I am extremely proud that we have begun to export American-made PV products based on ISET’s manufacturing platform which can be truly cost competitive.”