Moser Baer world’s second-largest maker of optical storage media such as compact discs and digital video discs has forayed into Solar through its subsidiary Moser Baer Solar.
The company, till recently had a capacity of 200 MW in photo voltaic (PV) cells and 50 MW in thin films and had announced plans to expand to 1 GW over next few years.
Indosolar, a company that had issued an IPO recently has a capacity of 160 MW in solar photovoltaic cells and had announced plans to increase the manufacturing capacity to 260 MW by 2011.
Moser Baer has often stated that the focus of the R&D project is to develop a differentiated, indigenous, commercially viable technology and in this regard has mentioned that that CIGS based thin film solar cell technology is likely to emerge as one of the most promising solar cells owing to its high efficiency and cost effectiveness.
The company, has received a grant by the Ministry of New and Renewable Energy (MNRE) for the development of Copper Indium Gallium Selenide (CIGS) solar cells.
According to a report, the company says that its initial estimates suggest module prices below Rs.44.67 ($1)/W and the aim is to address the gap between large scale efficiencies (11-14 per cent) and lab level efficiencies (19-20 per cent) of CIGS technology.
Moser Baer India (MBI) has received a grant by the Ministry of New and Renewable Energy (MNRE) for the development of Copper Indium Gallium Selenide (CIGS) solar cells. MBI plans to conduct the development work from its corporate R&D facility at Greater Noida.The company says it is working to develop the CIGS solar cells similar to the size of a typical crystalline siliconsolar cell to avoid scale-up issues. With plans to achieve efficiencies above 15 per cent, the company says its initial estimates suggest module prices below Rs.44.67 ($1)/W.
……”Through Moser Baer Solar, a subsidiary of MBI, we have a wealth of experiences in crystalline silicon, thin film silicon and concentrator PV and PV Systems businesses. This project supported by MNRE will utilise the core competencies of the Moser Baer Group and its vast resources to deliver high efficiency CIGS solar cells, a promising next frontier in affordable thin film PV technologies,” said MBI CTO, G. Rajeswaran.