China Nuvo Solar Energy Announces Plans to Use Thin Film CIGS in Its Pilot Production Project

WEST PALM BEACH, Fla.--China Nuvo Solar Energy, Inc. (the "Company" or "China Nuvo") (OTCBB: CNUV) announced today that it will be developing a low-cost solar cell based on thin-film CIGS technology with its collaboration partner, Pioneer Materials, Inc. ("PMI"), at its pilot production facility in Chengdu, China. CIGS, which stands for copper indium gallium selenium, has achieved the highest efficiency for thin-film photovoltaics at 19.9%, which rivals the performance of crystalline based silicon solar cells. With thin-film manufacturing techniques, CIGS thin-film solar cells can be made with 1/100th of the materials used in crystalline based silicon solar cells.

The Company believes that thin film CIGS represents second generation solar technology when compared to traditional poly-Si manufacturing technology. When compared to poly-Si, the Company believes CIGS provides for significantly reduced wafer thicknesses with a significant increase in per kilogram wattage production. Also, CIGS avoids the cadmium toxicity issues surrounding the other mainstream thin-film technology, CdTe or cadmium telluride. In addition, the CIGS thin film solar cells can be made with much less energy input than conventional crystalline based silicon solar cells.

As previously announced, the Company has executed a Collaboration Development Agreement with PMI for the Company's pilot production project in Chengdu, China. The initial project focus is to develop a single junction solar cell with commercial efficiency utilizing materials provided by PMI and incorporated into the Company's ceramic sleeve solar technology. The Company believes this will provide the baseline for development of a multi-stacked solar cell that could provide an even higher degree of efficiency. The ultimate goal of the project is to develop and produce a highly efficient, commercially viable, lower cost-per-watt solar energy cell.
China Nuvo Solar Energy, Inc. is a development stage company that owns a unique patent pending solar technology and is working to develop a commercially viable higher efficiency stacked solar cell.

China Sunergy to spend $150 mln to boost shipments

SHENZHEN, China, Jan 16 (Reuters) - Solar cell maker China Sunergy Co Ltd aims to spend $150 million to raise its shipment level to 500 megawatts after a few years, from an expected 160-170 megawatts this year, its chief executive said.

Nanjing-based Sunergy expects its gross margin to improve "significantly" this year as it adds more lines to produce high-efficiency cells, despite lingering supply constraints on key raw material polysilicon, Allen Wang, chief executive of Sunergy told Reuters in an interview on Wednesday.

Wang was speaking on the sidelines of a solar technology conference in the southern boomtown of Shenzhen, near Hong Kong.

Sunergy sustained losses in the third quarter of last year, hurt by a tight supply environment for polysilicon, whose prices have shot up recently as solar cell and semiconductor companies scramble to secure supplies of the key ingredient.

6N Polysilicon Trial Production Succeeded in Baishan

On July 20th Fuyuan Silicon and Shanghai Solar Technology successfully produced 6N polysilicon in Baishan, Jilin province.

Its annual solar grade polycrystalline silicon production capacity is 1000 ton. And they adopted some physical way to produce polysilicon and its production cost is only two thirds of the international manufacturers, and the total investment is saved two thirds.