H.I.G. Growth Partners News
fama PR (for Suniva)
Suniva Increases Manufacturing Capacity to 170 Megawatts
Industry-Leading Solar Company Increases Production to Meet Great Demand
NORCROSS, GA - July 7, 2010 - Suniva, Inc., a U.S. manufacturer of high-efficiency monocrystalline silicon solar cells and modules, today announced that it has expanded its manufacturing capacity to 170 MW from 96 MW by adding a third cell line at its metro-Atlanta plant. The new solar cell manufacturing line is now in production and will help the company meet continually increasing worldwide demand for its product. Suniva has also expanded its workforce recently, creating more clean energy jobs in the U.S.
“Demand for our high-efficiency, low-cost solar cells and modules continues to increase rapidly, which is a testament to the quality of Suniva’s products,” said John Baumstark, chairman and chief executive officer of Suniva. “We are pleased to have the ability to quickly expand our capacity, maintain a low-cost structure, hire additional employees and help the U.S. lead the new clean-energy economy.”
Suniva completed its first 32 MW manufacturing line in November 2008 and simultaneously announced an additional 64 MW line that was completed in 2009. With its expanding, diverse and skilled workforce, Suniva is producing world-class technology and generating record-setting screen printed solar cell efficiencies both in the lab and in manufacturing. The company’s cell production is sold out through 2010. For more information about Suniva and its products, please visit www.suniva.com.
Based in Norcross, GA, Suniva® manufactures high-efficiency monocrystalline silicon solar cells and high power solar modules with low-cost techniques in order to make solar-generated electricity cost-competitive with fossil fuels. Suniva leverages exclusive licenses to critical patents and patent-pending intellectual property developed by founder and CTO, Dr. Ajeet Rohatgi, at the Georgia Institute of Technology's University Center of Excellence for Photovoltaic Research, which is funded by the Department of Energy. Led by an internationally regarded team of business executives and photovoltaic scientists, Suniva sells its advanced solar cells and modules Powered by Suniva™ worldwide, renewing U.S. leadership in the new energy economy. For additional information, please visit www.suniva.com.