By Renewable Energy Focus staff

"Our customer chose Oerlikon ThinFab™ technology due to low module costs, competitive energy efficiency especially under real operational conditions, and because we offer a clean-tech, cadmium-free solution. This first 120-MW-ThinFab™ order underlines the potential of our solar business," says Helmut Frankenberger, CEO Oerlikon Solar.

The ThinFab is said to reduce the ‘total cost of ownership’ for solar modules to €0.50/Wp and a ThinFab lab cell has achieved an efficiency of 11.9%.

"This success is a further important step forward for Oerlikon Solar. It is significant that this order comes from Asia, the fastest growing, highly competitive and very important region for the solar industry today. We look forward to building on this success," adds Oerlikon CEO Michael Buscher.