DuPont Leader: Photovoltaics Growth Powered by Market
DuPont Electronics & Communications President Dave Miller said today that the company expects to achieve $1 billion in revenue from sales into the photovoltaic (PV) market in 2010 — one year ahead of schedule. The growth is supported by new market-driven innovations that improve solar module efficiency and performance, bringing costs down in line with other forms of energy and reducing the world’s dependence on fossil fuels.
“We are delivering growth through our market-leading position in materials such as DuPont™ Solamet® metallization paste, DuPont™ Tedlar® backsheet films and a family of encapsulant resins and films that improve the efficiency and reliability of solar modules,” Dave told analysts participating in the DuPont Business Series webcast.
“Our broad portfolio of offerings spans crystalline silicon cells and modules, as well as thin film modules, putting us in an ideal position to capitalize on market growth in both segments of the PV industry. Several notable new product launches this year have helped us to accelerate growth above market. We also are investing in greater production capability and partnering with our customers to help keep pace with the fast-rising global demand,” Dave said.
“Addressing energy needs is a global concern. The generation of renewable energy will be the fastest growing sector in the energy market for the next 20 years, and materials for PV applications are a critical success factor for sustainable growth,” said Dave. “We can apply the power of our market-driven science to offer products and technologies that can transform the sun’s potential into clean energy, contributing to decreasing dependence on fossil fuels.”
Click here to access Dave’s presentation.
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