News Article
JDSU Picks Up CPV Assets From QuantaSol
Technology acquisition to accelerate JDSU’s CPV product roadmap
JDSU announced that it has acquired critical product design, patented intellectual property and other assets from QuantaSol, a concentrated photovoltaic (CPV) provider based in the United Kingdom. JDSU will leverage industry-leading multiple quantum well (MQW) technology from QuantaSol for its CPV cell product platform. MQW technology allows more light to be converted to electrical power by raising the efficiency of CPV cells, the most important metric in the solar industry. JDSU plans to transfer key assets from QuantaSol to the JDSU headquarters in Milpitas, California over the next 6 months.
"The CPV market is gaining momentum with major installations happening worldwide," said Alan Lowe, president of the CCOP unit at JDSU. “Incorporating key QuantaSol technology will allow us to further differentiate our products and expand our position in the CPV solar market as popularity for CPV continues to grow.”
According to GreenTech Media, more than 1 gigawatt of CPV installations are expected by 2015, a hundred-fold increase from 10 megawatts of installations in 2010.
