MANHASSET, N.Y. Energy Conversion Devices Inc. (ECD Ovonics) is expanding its thin-film solar module manufacturing capacity by another 60 Megawatts per annum by adding a second facility at its Greenville, Mich., site. This second facility is expected to begin operation in mid-2008.
The expansion represents the next phase in the company's plan to expand solar module manufacturing capacity to greater than 300 Megawatts by 2010. The company is constructing its first 60 Megawatt per annum facility at its Greenville site, expected to begin operation in late 2007. A 30 Megawatt plant in Auburn Hills, Mich., is anticipated to begin operating in the Fall.
"Investment in United Solar Ovonic continues to be a focal piece of our strategy to continue accelerating its growth and increasing market share," said Robert Stempel, chairman and CEO of ECD Ovonics, in a statement. "Worldwide demand for alternative energy remains strong. Expanding United Solar Ovonic's
capacity will provide us with the opportunity to meet the needs of our existing customers, and to pursue new market opportunities."