Solexant rebrands as Siva Power and bets all on CIGS

Facebook
Twitter
LinkedIn
Reddit
Email

Silicon Valley manufacturer, Solexant, has announced a relaunch as Siva Power and a transition to focusing exclusively on CIGS thin-film PV technology.

The transition will see the company moving to high-volume manufacturing with the building of its first production line, a 300MW facility that it claims outmuscles other thin-film production lines threefold.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The company said after investigating several solar technologies, it had concluded that CIGS thin-film offered the most promise of achieving sub-US$0.40 per watt solar costs.

“Unlike silicon photovoltaics, our new approach provides a pathway to building the solar industry's 'factory of the future' with gigawatt production capacity, and the world's lowest cost in solar,” said company chief executive Brad Mattson.

“Two years of data-driven research and analysis has led us to pursue a co-evaporated CIGS via monolithic integration on glass technology.”

The company had initially been planning to build a 100MW cadmium telluride (CdTe) thin-film production line, but cancelled this after deciding to focus on what it saw as lower cost forms of production.

The rebranded company said CIGS was emerging as the best technology for the future, with the US and Japan both leading in its development and China’s Hanergy showing more interest in the technology.

Siva has appointed a specialist technical advisory board to lead its transition, headed up by CIGS technologist Dr. Markus E. Beck who will be chief technology officer. Other board members include Dr. Rommel Noufi, a CIGS thin-film expert who spent 33 years working on the technology at the National Renewable Energy Laboratory.

Noufi said: “It has been frustrating to see CIGS technology breaking efficiency records for many years, but not see that technical success translate into success in the commercial arena. In Siva Power I see the technology, the team, and the technical and business leadership to bring CIGS to the scale it deserves. I'm excited to become an advisor to Siva and to help steer CIGS into the future.”

Read Next

June 5, 2026
French utility Engie will invest close to €100 million (US$114 million) in a 155MW solar PV project at its Castelnou power station. 
June 5, 2026
Lightsource has started construction on Queensland's 380MWdc Lower Wonga solar and 281MW/843MWh battery project.
June 5, 2026
Shareholders of Canadian IPP Boralex have approved the acquisition by global investment firm Brookfield Asset Management.
June 5, 2026
Tech giant Google and US renewable energy developer Intersect have partnered to develop a new data centre and energy complex in Texas.
June 5, 2026
The German Association of Energy and Water Industries (BDEW) has called for a reform of the country’s current inheritance tax treatment of agricultural land leased to ground-mounted solar PV.
Premium
June 5, 2026
PV Talk: Jenya Meydbray speaks with PV Tech about Nextpower's roadmap for its steel module frames and the advantages over aluminium frames.

Upcoming Events

Solar Media Events
June 16, 2026
Napa, USA
Media Partners, Solar Media Events
June 30, 2026
Sacramento, California
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil
Media Partners, Solar Media Events
September 1, 2026
Mexico City, Mexico
Media Partners, Solar Media Events
September 9, 2026