Aiming to ensure the company can lay claim to being the largest CdTe producer in Europe by the end of the year, Calyxo has announced plans to invest in a second CdTe production line at its Bitterfeld-Wolfen plant in Germany. The company will add a second line, with a capacity of 60MW, to the already installed 25MW line at the manufacturing plant.
Calyxo already employs 150 staff at the plant, and plans to ramp the new 85MW total capacity at the end of 2012. This second line will produce the CX3 module, introduced to the market in 2011, that is suited to hot and humid environments. The company anticipates midterm production costs of less than US$0.50/Wp, which, it claims, would enable an LCOE forecast of less than US$0.10/kWh for electricity generated by Calyxo-equipped PV systems.
Funding for the expansion has been secured via a bank loan and cash contributions from the technology investor Solar Fields, LLC, which took over ownership of Calyxo in February 2011. The same source recently invested in the company’s technology following the announcement of Calyxo’s new aperture area efficiencies of 13.4%, as confirmed by SGS Germany.