fotovoltaica

DuPont enters the PV R&D industry

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DuPont, the American chemical multinational, has announced its ambitions to invest 100 million dollars in the development of a new generation of photovoltaic technology. The plan will be developed through DuPont's Photovoltaic Solutions subsidiary. DuPont's announcement coincided with its first solid step in this field, notably the inauguration of a modest 40 kW PV facility in Chestnut Run, Delaware (USA).

DuPont's decision shows once more the big corporations interest on the PV industry. The company's entry into the solar R&D industry is part of DuPont's strategy to generate 35% of its revenues -which last year amounted to 28.5 billion dollars– from products with less than 4 years in the market.

“Our goal is to reduce installation costs through a better efficiency and longer life cycle of the materials used”, said Ms Cynthia Green, DuPont Fluoroproducts VicePresident, during the inauguration of Chestnut Run. Besides supplying electricity for its R&D department, this facility is part of DuPont's goal to increase the share of renewables in its energy use from 5% to 10%.

DuPont Photovoltaic Solutions had already joined the solar PV R&D industry last year through a consortium leaded by the University of Delaware, whose objective is to increase more than two fold the efficiency of solar PV cells.

For additional information:
www.dupont.com

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