MiaSole Achieves Production Milestone

Manufacture of the 50 millionth cell highlights MiaSole's engineering and manufacturing capabilities

Nov 02, 2011, 08:00 ET from MiaSole

SANTA CLARA, Calif., Nov. 2, 2011 /PRNewswire/ -- MiaSole, the leading manufacturer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels, today announced the production of its 50 millionth cell. This achievement underscores the viability of MiaSole's distinctive manufacturing process which has enabled the production of low cost, high efficiency, flexible solar cells at volume scale.

"Manufacturing our 50 millionth cell is a testament to the emphasis we've placed on innovative engineering, and the steps we've taken to ensure that we are able to deliver repeatable, low-cost, high quality panels at scale to our customers," said Rob DeLine, Vice President of Marketing, MiaSole. "This commitment to reliability is reinforced by a growing number of globally bank-financed solar projects that are using MiaSole technology."

MiaSole's engagement with Intel has further accelerated its production ramp, and improved the repeatability required for high-volume manufacturing, resulting in consistently higher output, yield and equipment utilization.

At the heart of MiaSole's panel is a high-performance flexible cell architecture featuring fault tolerant, low resistance UltraWire™ technology, allowing the company to move beyond traditional glass-glass products into the rolled-roofing and building-integrated photovoltaic (BIPV) markets. These markets are unavailable to leading crystalline silicon manufacturers.

About MiaSole
MiaSole is a pioneer and leading developer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels, one of the lowest-cost, highest efficiency solar panels in the world. MiaSole's primary mission is to advance the extraordinary potential for harnessing solar power as a competitive, sustainable energy source. MiaSole operates its manufacturing facilities in California.

Matt Marcus  
Phone: 212-537-8742