JDS Uniphase (JDSU) revealed that it bought product design, patented intellectual property and other key assets from UK-based CPV provider QuantaSol. Financial details pertaining to the acquisition were not disclosed, but JDSU did advise that it plans to bring the new assets over from QuantaSol to the JSDU headquarters in Milpitas, California over the next six months.
“The CPV market is gaining momentum with major installations happening worldwide,” said Alan Lowe, president of the CCOP unit at JDSU. “Incorporating key QuantaSol technology will allow us to further differentiate our products and expand our position in the CPV solar market as popularity for CPV continues to grow.”
JDSU plans to use QuantaSol’s multiple quantum well (MQW) technology in its CPV cell production platform. According to the companies, MQW technology permits more light to be converted to electrical power by improving the efficiency of CPV cells.