Attempting to expand its solar energy business, Voltech Group today started a new venture 'Solacon Energy Park Pvt Ltd' amalgamated with Arab Gulf Pearl Trading Co, UAE and NanoPV, USA. Solacon would have a solar park established over 100 acres of land at Kadaladi near Madurai, M Umapathi, Chairman, Voltech Group, told reporters here.
"The operation and production of Solacon is intitially set up a 2 MW plant by end of March 2013 and gradually ramp to 10 MW. The plant will be using NanoPV technology," he said.
Anna Selvan John of NanoPV, USA said the company's technology was based on amorphous and nano-crystalline silicon and proprietary light-trapping and transparent conductive light-trapping oxide technologies.
"Based on this, compared with conventional solar cells, NanoPV's cell manufacturing involves one-thord the process and takes one-third he cost and 300 times less amount of material consumption," John added.
All the three companies - Adam Sheikh of Arab Gulf Pearl Trading Company, UAE and Dr Anna Selvan John of NonoPV, USA - also signed the corporation certificate, in the presence of the media. City-headquartered Voltech is also involved in power, steel, oil-gas, infrastructure and cement sectors.
No comments:
Post a Comment