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DSM sells solar coatings business to Covestro as part of larger €1.4 billion deal

Major materials science company, Royal DSM has sold its Resins & Functional Materials (RFM) businesses including the coatings activities of DSM Advanced Solar, known for its anti-reflective (AR) resin coatings for solar glass and on-field PV power plant upgrading, to rival Covestro AG for a cash sum of around €1.4 billion.

DSM’s retrofit anti-reflective coating boosts PV power plant yield

The ‘Retrofit AR’ coating, an offspring of DSM’s industry-leading anti-reflective (AR) coatings, gives older, uncoated solar modules an instant energy boost of up to 3%, according to lab and field tests. For power plants built before 2012, it is an especially attractive way to increase yield while keeping feed-in tariffs high and boosting internal rate of return (IRR), compared to panel replacement programs.