Soitec's CPV technology lies at the heart of solar-energy production projects with 72MW in France
Call for tenders launched by the French Energy Regulatory Commission:
Soitec’s CPV technology lies at the heart of solar-energy production projects with 72MW in France
Bernin, France, February 23, 2012 — Soitec (Euronext), a world leader in generating and manufacturing revolutionary semiconductor materials for the electronic and energy industries, announced today that its concentrator photovoltaic (CPV) solar technology has been incorporated by top-ranking developers who were among the candidates to the recent call for tenders launched by the French Energy Regulatory Commission[1]. The dossiers submitted amounted to 115 MW, 72 MW of which is being produced solely through CPV systems.
The developers chose Soitec’s CPV technology due to its groundbreaking innovative qualities; it currently provides module energy efficiency of 30%. Moreover, Soitec’s CPV technology has been incorporated by major international companies and organizations, most notably Chevron, one of the world's leading integrated energy companies, San Diego Gas & Electric (SDG&E), one of the major electricity providers in California, and the South African Ministry of Energy.
In providing solutions that meet the world’s energy issues[2], Soitec is proud of the part it is playing, alongside numerous other French partners, in developing the country’s solar-power industry and making it internationally competitive.
|
Press Contact (International) Camille Darnaud-Dufour +33 (0)6 79 49 51 43 [email protected] |
Investor Relations Olivier Brice +33 (0)4 76 92 93 80 [email protected] |
Press Contact (France) H&B Communication Marie-Caroline Saro +33 1 58 18 32 44 / +33 6 70 45 74 37 [email protected] Claire Flin +33 1 58 18 32 53 / +33 6 82 92 94 47 [email protected] |
About Soitec
Soitec
(Euronext Paris) is an international industrial company whose primary objective is to generate and manufacture revolutionary semiconductor materials. Its products, which include substrates for integrated circuits (especially based on SOI - Silicon On Insulator) and concentrator photovoltaic (CPV) systems, together with its Smart Cut™, Smart Stacking™ and Concentrix™ technologies and its expertise in epitaxy, have made it a world leader. Soitec is committed to meeting the challenges of high performance and energy efficiency for a wide variety of applications intended for high-capacity solar power plants and the IT, telecommunications, automotive electronics and lighting sectors. The company now has industrial plants and R&D centers in France, Singapore, Germany and the United States. Further information is available on the company’s website,
www.soitec.com.
[1] The call for tenders launched by the French Regulatory Energy Commission concerns the construction and subsequent running of plants for producing electricity from solar energy, having a power of greater than 250 kWc.
[2] The scheme to promote renewable energies in France aims to raise the proportion of renewable energies in the country’s overall energy consumption to at least 23% by 2020, by increasing the annual production of renewable energy by 20 million-ton equivalents of petroleum (MTEP). The objective concerning the generation of electricity from solar energy has been set in the long-term investment program for electricity production, with a target of 5400 MW by 2020.
Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-26856-soitec-120223-appeloffrecre_final-eng.pdf
<!-- 90 -->
© Copyright Actusnews Wire
Recevez gratuitement par email les prochains communiqués de la société en vous inscrivant sur www.actusnews.com
Receive by email the next press releases of the company by registering on www.actusnews.com, it's free
Quelle: Actusnews
Soitec S.A. Stock
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Soitec S.A. stock is not clear.
As a result the target price of 160 € shows a positive potential of 39.74% compared to the current price of 114.5 € for Soitec S.A..
