One of India’s largest PV module manufacturer’s, Waaree Energies said it would collaborate with GT Advanced Technologies (GTAT) on incorporating its new ‘Merlin’ technology into its existing production lines. Financial details were not disclosed.
Waaree noted that it intended to address “Indian market’s diverse needs that range from multi-megawatt solar farms to low cost distributed power implementations,” with the use of GTAT’s cell metallization and interconnect technology, which the company claims the elimination for the need for tabbing and stringing processes, and an 80% cost reduction in silver paste consumption and an overall 10% cost reduction in system costs.
Waaree said in statement that it “plans to aggressively participate in the Indian EPC/IPP markets and offer industry best-of-class LCOE metrics.”
However, Waaree did not provide further details on the implementation timelines for the Merlin technology adoption.
GTAT had said back in March, 2014 that it expected its first orders for the Merlin technology “soon” and expected its first customers to be based in Asia.
Waaree also noted that in addition to the GTAT cooperation in India, both companies were exploring the possibility of Waaree establishing a US-based module assembly plant to expand into the US market, using the Merlin technology.
GTAT’s pilot production facility for the Merlin technology is based in California.
The company said in August, 2014 that the technology had undergone planned performance, safety and quality standards (IEC 61215, IEC 61730-1 and -2 and UL1703) ahead of commercialisation. Certification testing was carried out by the Renewable Energy Test Center and verified Canadian Standards Association and TUV-Sud.
GTAT is currently operating under Chapter 11 bankruptcy.