US-based PVD thin film materials supplier SCI Engineered Materials has secured its largest ever order valued at around US$2 million from a CIGS (Copper, Indium, Gallium, Selenide) thin-film module manufacturer in China.
SCI said that the order was for TCO (Transparent Conductive Oxide) products with initial shipments expected to begin in late 2018 and completed during 2019.
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Dan Rooney, President and CEO, stated, “We are excited to receive this significant order, the largest one in our 31-year history, from a new customer in China. The manufacture and installation of CIGS thin-film solar technology is accelerating, particularly in Asia, and we are well positioned to benefit from the long-term growth in this strategic global market. Based on orders received year-to-date, our sales of thin film solar products will be significantly greater than 2017.”
SCI had first quarter 2018 revenue of approximately US$1.84 million and reported total 2017 revenue of US$$6.8 million, up 24.4% compared to 2016.
