Solar Enertech DL

Du bist leider nicht alleine, ich teile das gleiche Schicksal wie Du :( !!
12000 shares zu 0,94 € vor einiger Zeit 15000 shares zu 0,18€ verbilligt

Hat aber bis Dato (noch) nichts genutzt Mein Trost ab 0,52 € bin ich wieder im + !!

Gott sei Dank, Zeit habe ich genug mitgebracht also auf ein grunes 2010 ;-)

Wird scho....  

 

das sieht gut aus...

http://www.solare-power.com/download/SOEN%20PPT%200324.pdf  

posting aus dem yahoo-board zu investor presentation march 2010

"good document. their pricing for each 25MW is 7.5m, while they had achieved that for under 6M before. So, there is some buffer there. Looks they may have to take a term loan to get this ASAP. The company is on track for a NASD rise of 80-100M sometime 3Q calendar 2010. Some caveats:
1. The management lacks bandwidth to manage this kind of expansion.
2. The past magt. statements were very unreliable and misleading in many cases.
3. They do not have the big pockets required to undertake such endevors.
4. The growth plans are still organic, the competition are all Gigawatt expansion planners.
5. More small playerrs will come into this and eat SEON lunch.

good luck guys, light at the end of the tunnel, atleast to get out!"  

ein anderer user zum selben thema:

Re: Investor Presentation March 2010      4-Apr-10 02:33 pm

"It is nice to see this presentation as they appear to be ramping up their efforts now to solitict more private and institutional investors. I completely disagree with Arsr0101's insights. SOEN may have big board (such as Nasdaq) ambitions, but this would be 2 to 3 years away. Listing on such boards costs money that is better spent on their business at this point. Also, a reverse split will certainly not happen in 2010.

Soen appears to be honing their brand identity, their market oppotunity, and appear to have outlined realistic expansion plans and growth targets. By the end of 2012, they could be a profitable $200m + revenue company with improving technology, cell efficiency, and an expanding profile of product offerings. At $.19, seems like a total steal. It is also reassuring to see that $80m in revenue seems like a lock for fiscal 2010 and their backlog of orders would appear to have them at capacity quickly in 2011 for a 100MW total production. "

Sentiment : Strong Buy  

"They're not necessarily far away from turning a profit at all. They're fiscal revenues for 2009 were $32.84m and they're projected revenues this year are for $80m. They're MW shipments are increasing from 16MW in 09 to 48.5MW this year! On page 24 of their investor presentation, they have different model scenarios and $80m in revenue would fit in between their "medium" and "high" current capacity scenario. If you average these out at $80m in revenue, they would generate $9,118,402 in gross profit and $4,618,125 in EBITA. This would be + $.05 per share with 177m outstanding shares. Forecast for 2011 with *successful* expansion is for about $150m and 80.5mw in shipments. There are a variety of ways Soen can obtain financing for expansion and despite some assertions on this board, they would not all be dilutive. How they finance their expansion is something to pay close attention to as their are preferred ways to go about this.

A weakness of the presentation is the Phase 1 and Phase 2 of their proposed cell efficiency improvement initiative to 18.1% then 19% or 20%. No timelines are given. Anyone can claim improved efficiency is a goal, but timelines and outlay costs to improve and incorporate the improvement is needed and lacking in the report. Should they be able to improve their efficiency, however, they would see a nice improvement in margins ranging from 11% to 16.5%.

So there you have it. Here's a breakdown on some people's perspectives as I see it on this board:

Fitz: Strong Buy! Sees positive momentum for the company over the past 12 months and sees a bright future. Still sees SOEN has a 10 bagger from current price level of 19 cents per share. Sees stock over 50 cents this year and between $1.50 and $2.00 by end of 2011.

Soccertease: Don't buy this or any small solar company. Stay away from all Gelbaum companies, yet for some reason he regularly posts on Gelbaum owned companies, especially daily posts on Entech Solar (ENSL).

Arsr: Wants Leo to get booted and for SOEN to go NASDAQ in Q3 after a reverse split (none of which should or will happen). Looking for a quick price jump in stock price so that he can sell and get out.

Tmblog: Doesn't see profitability for SOEN in the near or medium term. Seems to be looking for a quick exit when stock goes up.

EMJ: A bit dissillusioned SOEN investor. Still has glimmer of hope for SOEN but becoming more frustrated and less hopeful with each passing day. Looking for a spike and also appears to want to sell on any significant price jump.

Cubfan: Buy siri before it's too late!!!

Sentiment : Strong Buy"  

Ich habe eine brandneue Gesprächsnotiz in der " Q4 2009 Entech Solar, Inc. Earnings Confere " gefunden.

Der neue Chef dieser noch nicht produzierenden Solarfirma David Gelbaum führt Gespräche mit Solar Enertech über die zukünftige Produktion der neu entwickelten Solarmodule von Enertech Solar in China. Vielleicht auch deshalb die 3. Produktionslinie. Gelbaum besitzt eine Menge Aktien von beiden Firmen. Vieles passt in dem Zusammenhang zusammen: D. Gelbaum ist Mehrheitsaktionär in Enertech Solar und neuer CEO. In Solar Enertech besitzt  er auch einen grossen Teil der Aktien . Er könnte somit  bestimmen, wo produziert wird.

Solar Enertech hat ein neues Solarmodul mit Konzentrator entwickelt und es wird in diesem Sommer zertifiziert.

ThermaVolt™ II Module Entech Solar's ThermaVolt™ II module is based on proprietary concentrating photovoltaic and thermal (CPVT) technology that simultaneously produces electricity and thermal energy. The ThermaVolt II module's combined energy output produces 4-5X as much energy as standalone PV. ThermaVolt II leverages Entech Solar’s proven optical technology by using its proprietary arched Fresnel lens to provide about 20 times concentration of sunlight onto the solar cells. The product’s unique design is applicable for both ground and roof-mount applications, and focuses on low cost, manufacturability, ease of installation, compactness and high reliability.

Für Solar Enertertech mit den bisherigen Geschäftskontakten in verschiedenen Ländern wäre es eine erhebliche Aufwertung mit einem neuen innovativen Produkt. Die Firma könnte ein " Bigplayer " werden.

Hier der Gesprächsausschnitt zwischen D. Gelbaum und einem Aktionär:

F I N A L T R A N S C R I P T Mar. 31. 2010 / 2:00PM, ENSL - Q4 2009 Entech Solar, Inc. Earnings Conference Call Operator (Operator Instructions). You have a follow-up question from the line of John Ratious. Please proceed.

John Ratious - - Shareholder Hi, David. Just one follow-up question. David Gelbaum - Entech Solar, Inc. - Chairman, CEO Sure. John Ratious - - Shareholder Any thoughts on where you would be manufacturing the SolarVolt?

David Gelbaum - Entech Solar, Inc. - Chairman, CEO Yes. We've been working with a Chinese company, Solar EnerTech, and it's -- we've been exploring manufacturing the product over there in China.John Ratious - - Shareholder So the Texas facility would not be used is what you're saying? David Gelbaum - Entech Solar, Inc. - Chairman, CEO Not necessarily, but -- because we expect that the main -- with the main component of the -- the receiver component, we expect, will not be manufactured in Texas. We expect that will be manufactured in -- whereas, right now we're talking to Solar EnerTech about manufacturing [that], but [as I] -- once we have the receiver, the module itself could be assembled anywhere, but right now we're looking initially at assembling it in China.

Ausschnitt aus der Aktonärskonferenz mit D. Gelbaum bezüglich Zertifikation

John Ratious - - Shareholder
And you're expecting certification sometime this summer -- I looked through the press release very quickly. And hopefully,
production sometime 2011, is that correct?
David Gelbaum - Entech Solar, Inc. - Chairman, CEO
I would say that's -- if all goes well, my bet is that we will be in certification sometime this summer, and I have to have that
qualifier, because we all know that we don't control the future. But that, based on our -- on the tasks that we have to do to get
there, that's our estimate right now. And then, if we got into certification -- certification is about a seven month process. So
after seven months, if we successfully get out of certification, then we'll be ready to go to market.
 

 

wenn diese prognosen zutreffen und in den bilanzen festgeschrieben werden, muss es schlussendlich auch kaufempfehlungen unserer sehr verehrten analystenhäuser hageln; erst dann werden wir eine nachhaltige kursvervielfachung erleben. das kann relativ schnell erfolgen-wie das nämlich immer so ist, wenn die zukunft gehandelt wird...

http://www.energieumwelt.de/album6_008.htm  

http://www.tradekey.com/selloffer_view/id/3666891.htm  

http://www.emfis.de/asien/asien/nachrichten/...rprogramm_ID85862.html  

...sieht nun wesentlich professioneller aus. Hat aber auch ewig gedauert. Bin gespannt aufs nächste Zahlenwerk.
Seitdem sich SOEN umsatzmäßig und qualitativ zu etablieren scheint, stagniert der Kurs.  

Solar EnerTech to Attend Rodman & Renshaw Global Investment Conference



   MOUNTAIN VIEW, Calif., May 5 /PRNewswire-Asia-FirstCall/ -- Solar EnerTech Corporation (OTC Bulletin Board: SOEN) ("Solar EnerTech" or the "Company"), a manufacturer of photovoltaic solar cells and modules with its corporate office in Mountain View, California and with its manufacturing facility at Jinqiao Modern Technology Park in Shanghai, announced today that the Company will be attending and presenting at the Rodman & Renshaw Global Investment Conference in London, UK, which will take place between May 16-18, 2010. Leo S. Young, Solar EnerTech's president and CEO, will be presenting at the conference's Cleantech Track, at 10:15 am GMT on May 18, 2010.

   Rodman & Renshaw, a subsidiary of Rodman & Renshaw Capital Group, Inc., is a full-service investment bank that provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions, as well as research and sales and trading services to institutional investors. Rodman is a leader in the private investment in public equity (PIPE) and registered direct offering (RD) transaction markets. The conference will feature several tracks including Cleantech, Asia, Metals & Mining, Energy, and Healthcare. More than 175 public and private companies will present at this year's conference, with over 1,000 overall conference attendees expected. The former Prime Minister of Great Britain and Northern Ireland, Sir John Major, KG, CH, ACIB will open the conference as a keynote speaker on Monday, May 17. For more information, visit http://www.rodmanandrenshaw.com .

   "We welcome the opportunity to present Solar EnerTech at the Rodman & Renshaw conference in London," said Leo Young, "The timing could not be better since it coincides with the Company's recent development strategy."    



   About Solar EnerTech Corp

   Solar EnerTech is a photovoltaic solar energy cell manufacturing enterprise incorporated in the United States with its corporate office in Mountain View, California. The Company has established a sophisticated 67,107-square-foot manufacturing facility at Jinqiao Modern Technology Park in Shanghai, China. The Company currently has two 25MW solar cell production lines and a 50MW solar module production facility.



   Solar EnerTech has also established a Joint R&D Lab at Shanghai University to develop higher efficiency cells and to put the results of that research to use in its manufacturing processes. Led by one of the industry's top scientists, the Company expects its R&D program to help bring Solar EnerTech to the forefront of advanced solar technology research and production.



   Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

   Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which are relevant as of the date of the given press release and should not be relied upon as of any subsequent date. Solar EnerTech undertakes no obligation to update publicly any forward-looking statements.



   For more information, please contact:



    CCG Investor Relations Inc.

    Pierre Maccagno, Account Manager

    Phone: +1-646-833-3422

    Email: pierre.maccagno@ccgir.com



    Mr. Crocker Coulson, President

    Phone: +1-646-213-1915

    Email: crocker.coulson@ccgir.com

    Web:   http://www.ccgirasia.com



SOURCE  Solar EnerTech Corporation

   -0-                             05/05/2010

   /CONTACT:  Pierre Maccagno, Account Manager, +1-646-833-3422, pierre.maccagno@ccgir.com, or Crocker Coulson, President, +1-646-213-1915, crocker.coulson@ccgir.com, both of CCG Investor Relations Inc., for Solar EnerTech Corporation/

   /Web site: http://www.rodmanandrenshaw.com /

   (SOEN SOEN.OB)  

http://www.nytimes.com/2010/05/09/business/09green.html  

May 14, 2010
Q2 2010 SOLAR ENERTECH CORP Earnings Conference Call - 8:00AM EDT -  

" 21 century silicon deal     11-May-10 04:48 pm

I contacted 21st Century Silicon today and actually got a call back from their POC>
Mr. Grant Harrell.

He states their product is in production and their Sales force is out plying for contracts. Mr Harrell further states that they should start filling contracts ie (Making Money)3rd/4th Qrt. He further states they are shipping to Solar Enertech (SOEN). "  

"Solar EnerTech Retains CCG Investor Relations



   MOUNTAIN VIEW, Calif., May 13 /PRNewswire-Asia-FirstCall/ -- Solar EnerTech Corporation (OTC Bulletin Board: SOEN) ("Solar EnerTech" or the "Company"), a leading manufacturer of photovoltaic solar energy cells with its corporate office in Mountain View, California and with its manufacturing facility at Jinqiao Modern Technology Park in Shanghai, announced today that it has retained CCG Investor Relations to design and execute its investor relations campaign.

   "We look forward to working with CCG to establish a more effective and transparent communications channel with the global investment community," said Mr. Leo Young, Chief Executive Officer of Solar EnerTech.  "By leveraging CCG's international platform, extensive investor network and expertise, we are committed to active and transparent communications in order to raise our profile and improve investors' understanding of our business strategy and investment outlook.  We expect to benefit from the strong overseas demand of our high-quality superior products to advance the SolarE brand name in the marketplace.  We're also well-positioned to expand our market share with a shift in strategy to deliver superior products and services to our customers.  We will work diligently to reach our goals of expanding our distribution coverage overseas to become the market leader in the global photovoltaic business"

   Solar EnerTech is a fast-growing manufacturer of high quality photovoltaic solar energy cells, modules, and state-of-the-art solar applications.  For the year ended September 30, 2009 Solar EnerTech's sales increased 12%
year-over-year to $32.8 million, and diluted EPS improved to ($0.16) from ($0.18) a year ago. The increase in sales was driven by increases in module shipments to 10.5 Mega-watts (MW) during fiscal 2009, up from 6.67MW in fiscal 2008, which was partially offset by a 25% yearly decrease in average selling price to $3.07 per Watt in fiscal 2009, down from $4.10 in fiscal 2008.

   "We are excited to be working with a client with superior industry knowledge, high-margin quality products, and extensive global reach," said Crocker Coulson, President of CCG. "Solar EnerTech has broad global coverage and they have been recognized as a distinguished manufacturer among customers in Europe and Australia.  The Company differentiates itself from industry peers with their shift in strategy to capture a higher percentage of industry growth and their expanding customer base. We are confident that Solar EnerTech will continue to deliver quality products and maintain effective communications with investors."



   About Solar EnerTech Corp

   Solar EnerTech is a photovoltaic solar energy cell manufacturing enterprise incorporated in the United States with its corporate office in Mountain View, California. The Company has established a sophisticated
67,107-square-foot manufacturing facility at Jinqiao Modern Technology Park in Shanghai, China. The Company currently has two 25MW solar cell production lines and a 50MW solar module production facility.

   Solar EnerTech has also established a Joint R&D Lab at Shanghai University to develop higher efficiency cells and to put the results of that research to use in its manufacturing processes. Led by one of the industry's top scientists, the Company expects its R&D program to help bring Solar EnerTech to the forefront of advanced solar technology research and production.



   About CCG Investor Relations

   CCG is a leading global investor relations and strategic communications consulting firm.  In business for more than 30 years, the agency provides a complete range of investor communications, counseling, and IT and data solutions through our global network to over 300 clients across multiple capital markets.  CCG has been awarded a number of industry honors for its handling of complex investor relations and crisis communications matters.  The agency's corporate headquarters is in Los Angeles with additional offices in New York, Beijing, Shanghai, Hong Kong, Frankfurt, Sao Paulo and Tel Aviv. For further information, contact CCG directly, or visit the Company's web sites at http://www.ccgir.com and http://www.ccgirasia.com .



   Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

   Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which are relevant as of the date of the given press release and should not be relied upon as of any subsequent date. Solar EnerTech undertakes no obligation to update publicly any forward-looking statements.



   For more information, please contact:



   CCG Investor Relations Inc.

    Pierre Maccagno, Account Manager

    Phone: +1-646-833-3422

    Email: pierre.maccagno@ccgir.com



    Mr. Crocker Coulson, President

    Phone: +1-646-213-1915

    Email: crocker.coulson@ccgir.com

    Web:   http://www.ccgirasia.com



SOURCE  Solar EnerTech Corp  

   -0-                             05/13/2010

   /CONTACT: Pierre Maccagno, Account Manager, +1-646-833-3422, pierre.maccagno@ccgir.com, or Crocker Coulson, President, +1-646-213-1915, crocker.coulson@ccgir.com, both of CCG Investor Relations Inc. for Solar EnerTech /

   /Web site: http://www.ccgirasia.com /

   (SOEN SOEN.OB)"  

Frage an die Profis:

Wie kann eine Aktie steigen wenn nicht mal 1 davon ge- bzw. verkauft wird!  

hat vielleicht jemand sein bid wieder zurück genommen und nächst mögliche war bißchen höher, was den markler veranlasst den kurs höher zu stellen. oder an der otc fand eine kursbewegung statt und frankfurt wurde dieser angeglichen. ist nichts ungewöhnliches.

http://www.ccgirasia.com  

Hallo an Alle.

2010  Endlich  Licht sichtbar am ende des Tunnels

Total module shipments increased 314% in the second fiscal quarter 2010 as compared to the second fiscal quarter of the prior year. Revenue for the second fiscal quarter 2010 increased 302% to $17.8 million as compared to $4.4 million in the second fiscal quarter a year ago. The breakdown in revenue for the second fiscal quarter 2010 was comprised of approximately $13.4 million in solar module sales, of which more than 95% were sold into Europe and Australia; $3.5 million of solar cell sales; and $0.9 million from the resale of raw materials. The increase in revenue was driven by increased sales orders from new and existing customers as a result of heightened efforts by the Company's sales and marketing team. Specifically, during the fourth quarter of fiscal year 2009, the Company signed a 10MW contract with a new customer located in Europe and in the first quarter of fiscal year 2010 the Company signed a 15 MW contract and a 10MW contract with two existing customers which contributed to the increased sales volume.


   Gross profit for the second fiscal quarter 2010 increased to $0.9 million, as compared to ($1.3) million for the second quarter a year ago. Gross margin for the second fiscal quarter 2010 was 5% as compared to (30%) in the same prior year period.  The improved gross margin was primarily due to the decrease in raw material prices, specifically silicon wafer prices which offset the decrease in module sales prices.  The increase in gross margin was also due to lower unit production cost resulted from higher production volume. In addition, the Company secured higher quality raw materials with more favorable credit terms.

   The total operating expense for the second fiscal quarter of 2010 was $21.2 million, which included $18.5 million of non-cash charges related to losses from the extinguishment of debt and $0.9 million in non-cash stock compensation charges.  Excluding both non-cash items, operating expense for the second fiscal 2010 quarter was $1.8 million, or 10% of total net sales. In comparison the total operating expense for the year ago quarter was $3.7 million, which included $1.5 million of non-cash stock compensation charges related to the hiring and retention of key executives and $0.2 million of non-cash charges related to losses from the extinguishment of debt.  Excluding both of these non-cash items, operating expense for the second quarter a year ago was $2.0 million, or 45% of total net sales.

   Net loss for the second fiscal quarter 2010 was ($19.2) million, or ($0.14) per basic and diluted shares compared to a net loss of ($5.5) million, or ($0.06) per basic and diluted shares in the same period in fiscal 2009. A majority of net loss in the second quarter fiscal 2010 is attributed to the debt restructurings. In the second quarter of fiscal 2010, the Company recorded a non-cash loss on debt extinguishment amounting to $18.5 million compared to a non-cash loss on debt extinguishment amounting to $0.2 million in the same period in fiscal 2009.

   Mr. Leo S. Young, Chief Executive Officer of Solar EnerTech commented, "The second fiscal 2010 quarter's large revenue increase is indicative of Solar EnerTech's fast-growing pace. We are pleased to see the, 300% plus year over year growth in revenue and product shipments, in spite of unfavorable market conditions where selling prices for solar modules have plummeted and the Euro continues to depreciate versus RMB Yuan.

   "In December 2009, we began extinguishing our debt in order to improve our capital structure which was preventing us from obtaining reasonable financing from banks. It is a very positive and significant step for the company going forward, even though it resulted in a heavy non-cash loss because of the conversion.

   "Management is focusing on lowering the costs of our solar modules; increasing the efficiency of our solar cells; and increasing our output by doubling our manufacturing capacity in order to optimize our competitive position within the global solar market." concluded Mr. Young.



   Six Month Results

   Revenue for the six months ended March 31, 2010, was $35.4 million compared to $9.5 million for the same period in fiscal 2009, an increase of 273%.  Gross profit was $2.9 million compared to a loss of ($3.6) million for the six months ended March 31, 2009.  Total operating expenses were $23.6 million, or 66% of sales, compared to $6.9 million, or 73% of sales, for the same period last year, an increase of 241%.

   Net loss for the six months ended March 31, 2010 was ($23.1) million, or ($0.20) per basic and diluted share compared to a net loss of ($9.3) million, or ($0.11) per basic and diluted shares in the same period in fiscal 2009. A majority of net loss in the six months ended March 31, 2010 is attributed to the debt restructurings. In the six months ended March 31, 2010, the Company recorded a non-cash loss on debt extinguishment amounting to $18.5 million compared to a non-cash loss on debt extinguishment amounting to $0.5 million in the same period in fiscal 2009.



   Financial Position

   As of March 31, 2010, the Company's assets included $0.9 million in cash, $13.4 million of accounts receivables, $0.2 million of prepayment primarily for purchase of raw materials, $5.5 million of inventories on hand and $1.2 million of VAT and other receivables. In addition, as of March 31, 2010, the Company's liabilities included $14.6 million of accounts payable, customer advance payments and accrued liabilities, and $5.7 million of accrued liability due to related parties.

   As of March 31, 2010 The Company recorded $1.5 million liability in an outstanding series B-1convertible note. The Note bears an interest of 6% per annum and is due on March 19, 2012.

Mfg
Juju  

Moin.

It will all depend on their fund raising. Right now Soen is at capacity with 10MW production and $17m in quarterly revenues. With price points going down, their revenues and margins will go dow from here without expansion. Their investor presentation says they hope to have their fund raising completed by the end of this month and they're presenting at the conference tomorrow, so I'm sure we can expect an update (if they're successful) sometime in June.

There are things I do not fully understand about their timelines. They say they are maxed out at 10MW of modules + cells and $17m in revenue but are forecasting $80m in revenue for this fiscal year. They've already done about $35m leaving a gap of $45m in revenues over the next 2 quarters to hit their goal. I, personally, don't see how they can hit this even if they do get financing lined up right away because it takes time to get a facility up and running. Perhaps when they are giving this presentation to their audience tomorrow, they will explain this. Soen's management team has had a history of over promising and under delivering, so perhaps the $80m in revenue forecast is just another example of this or perhaps they are enhancing their existing facility to achieve this target. The next couple of months will be interesting.

Mfg
Juju  

AQT Announces Strategic Partnerships to Speed Up Market Entry
Last update: 5/24/2010 8:00:02 AM
New Agreements Validate AQT's Breakthrough CIGS 2.0 Business Model
SANTA CLARA, Calif., May 24, 2010 (BUSINESS WIRE) -- AQT, a leading developer of low-cost CIGS (copper-indium-gallium-diselenide) thin-film solar cells, today announced key partnerships with two leading solar companies to drive the delivery and deployment of AQT's breakthrough solar cells into commercial projects beginning in 2010. The partnerships with Solar Enertech and HelioPower validate AQT's unique business model and will accelerate fulfillment of the growing number of orders for its low cost alternative to traditional solar cells.
Solar Enertech, a large-scale producer of photovoltaic cells and modules, is working closely with AQT as a module manufacturing partner for AQT's CIGS cells and will assist with product certification and qualification beginning in the second half of this year. Solar Enertech's research and development team will join efforts with AQT to complete the final process of turning CIGS cells into modules.
"We are very excited to be partnering with AQT on CIGS technology to broaden the range of low cost offerings to the market," said Leo Young, CEO of Solar Enertech. "It is in line with our value added strategy to the non-silicon segment and leverages our creative technology team."
HelioPower, a leading solar power design and installation firm, has engineered solar power solutions for residential, commercial, community and utility-scale partners since 2001. HelioPower has designed and installed over 1,000 solar power systems and serves clients worldwide. AQT and HelioPower will jointly address AQT's initial customer installations and provide a smooth market entry for AQT's products.
"Reliability, flexibility and economic viability are the cornerstones of our business model," said Ty Jagerson, executive vice president, Commercial Sales, HelioPower. "We see AQT's products as a natural addition to our solar portfolio."
In addition, AQT announced last month a partnership with Intevac, a leader in high-productivity manufacturing equipment, in which Intevac will provide AQT with its production-proven manufacturing equipment for its current and future production needs.
"AQT's CIGS 2.0 business model relies as much on world class partners like Solar Enertech and HelioPower as it does on our breakthrough solar cells, and we will leverage the existing PV ecosystem to rapidly deliver solar solutions to market," said Michael Bartholomeusz, CEO, AQT. "Leverage is perhaps the most effective force multiplier in this space and will go a long way towards helping us to collectively attain grid parity."
About AQT
Founded in 2007, AQT deploys a proprietary process on proven manufacturing platforms to produce high-performance, low-cost CIGS thin-film solar cells. For more information, visit  

http://www.solare-power.com/en/Investor/Reports.php  

http://www.aqtsolar.com/  

http://www.finanznachrichten.de/...s-to-speed-up-market-entry-004.htm