DuPont presents its Photovoltaic Solutions in Greece
Greece has a high growth potential as a future producer of solar energy and is one of the countries where DuPont will focus.
|Contact: Magdalena Kicinska|
Public Affairs, Central Europe
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ATHENS, June 24, 2009 - DuPont will present its strategy and solutions for the photovoltaic (solar) energy industry during the Central and Eastern European Solar Energy Conference, held in Athens on the 26th of June, 2009. The company expects to nearly triple its annual photovoltaic sales globally to more than $1 billion in 2012 based on strong fundamentals for long-term revenue growth in the photovoltaic solar energy market, combined with the company’s ability to deliver new technologies to the industry.
DuPont anticipates that the photovoltaic market will grow by double digits over the next several years, driving demand for existing and new materials that are more cost effective. The market size today is about $30 billion, and according to industry estimates, will increase to $70 billion by 2013.
“DuPont Photovoltaic Solutions is accelerating its ability to deliver innovations that will improve the lifetime and efficiency of photovoltaic modules, while helping lower the cost per watt of photovoltaic modules,” says Marco Coletta, Market Development Manager for Europe, Middle East and Africa -- DuPont Photovoltaic Solutions. “DuPont has made significant investments in product development and capacity expansions for leading brands critical to photovoltaic cell and module manufacturing, including DuPont™ Solamet® photovoltaic metallizations, DuPont™ Tedlar® polyvinyl fluoride (PVF) films, and DuPont™ PV5300 Series encapsulant sheets.”
DuPont is a leading material and technology supplier to the photovoltaic industry with more than 25 years of experience in photovoltaic materials development and manufacturing. DuPont Photovoltaic Solutions represents the broadest portfolio in the solar energy industry, with more than 10 products critical to photovoltaic production, designed to work together to help increase the efficiency and lifetime of solar modules.
“DuPont was one of the first companies to publicly establish environmental goals 19 years ago” – underlines Thierry Marin, DuPont Central European Director – we have broadened our sustainability commitments beyond internal footprint reduction to include market-driven targets for both revenue and research and development investment. The goals are tied directly to business growth, specifically to the development of safer and environmentally improved new products like the ones we invent and produce for photovoltaic industry.”
Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.