Dow Corning Exploring New Opportunities in the Photovoltaics Industry

Focus is on expanding current business through development of cost-effective material and process solutions for the manufacturers of photovoltaic products.

26-Jun-2003

Dow Corning Corp. today announced its plans to explore additional opportunities in the photovoltaic industry by contributing to the improvement of raw material supply availability, cost competitiveness, and durability of photovoltaic (PV) modules sold in the fast growing and innovative photovoltaics industry. Dow Corning is building on its heritage and expertise in this sector in order to expand its role from being a pure raw material supplier to offering a number of competitive silicon based total solutions. The company is currently focused on the development of a number of cost-effective, high performance material and processing solutions, such as new encapsulation and frame sealing solutions. "Dow Corning's entry into the solar business is yet another demonstration of the company's strategic move into new marketplaces with performance-enhancing solutions," said Jean-Marc Gilson, Corporate Vice President and General Manager of Dow Corning's New Ventures Business.

"Dow Corning is committed to the need for renewable energy as we see this as a crucial long-term need in society. Solar energy has a bright future and great potential and Dow Corning is committed to contributing to this process," said Gaetan Borgers, Global Manager of Dow Corning's Energy Business. "Our primary objective is to contribute to the success of PV producers through significant improvements in cost performance and reliability of PV modules."

The unique properties and characteristics of silicon mean that it is ideal for applications in the solar PV industry. Dow Corning's position throughout this silicon based value chain allows it to deliver cost effective, high performance material and reliable processing solutions. Dow Corning intends to develop strong collaborative efforts to deliver maximum benefits to the photovoltaics industry and address some of its unmet needs. With our track record of innovation, our unique position in the silicon-based materials supply chain, and our strong customer focus, we can be an effective total solution provider to PV producers," said Gaetan Borgers.

https://www.chemeurope.com/en/news/24558/dow-corning-exploring-new-opportunities-in-the-photovoltaics-industry.html