Heraeus Photovoltaics Achieves 100 Ton Locally Produced Silver Paste Shipment in Taiwan
Recent paste milestone cements company’s market leadership in region.
TAIPEI CITY, TAIWAN- October 19, 2017- Heraeus Photovoltaics, the worldwide leading supplier of metallization solutions to the PV industry recently achieved a milestone by shipping its one-hundredth ton of locally produced silver paste in Taiwan this year. The company is now recognized as the leading provider of silver paste for the Taiwan photovoltaics market. Photovoltaic cells made with 100 tons of silver paste can power around 20% of Taipei’s annual electricity demand.
Heraeus Photovoltaics established operations in Taiwan in 2015 to produce silver paste for the fast-growing solar energy industry. Over that time, it has become the market leader in Taiwan, providing silver paste and ancillary solutions to cell manufacturers in the region. Today, Heraeus has a broad, integrated photovoltaics footprint in Taiwan, encompassing manufacturing, sales and the company’s Applications Engineering Center and Research & Development facility.
Andreas Liebheit, the President of Heraeus Photovoltaics, believes the company’s growth and success in Taiwan is directly related to strategic investments made in Taiwan during the past few years. Mr. Liebheit points to the Applications Engineering Center and R&D facility as two critical collaboration platforms to deliver high-performance silver paste faster to its Taiwan customers. “Speed and paste customization are critical industry issues. By having labs and technical experts close to our customers here in Taiwan, we can make requested modifications faster and be even more responsive to the fast-changing photovoltaics market.”
Heraeus Photovoltaics will be showcasing its latest innovations in silver pastes at the PV Taiwan International Photovoltaic Exhibition, which will take place October 18-20 at Taipei Nangang Exhibition Center.
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About the Heraeus Photovoltaics Global Business Unit
The Heraeus Photovoltaics Global Business Unit is an industry leading developer and manufacturer of silver metallization pastes for the photovoltaic industry. For over 40 years, Heraeus has built a reputation of innovation, extensive research and new product development in thick film technologies for some of the most prominent companies within a variety of industries. In the field of photovoltaics, the Heraeus Photovoltaics Business Unit applies this history and its innovative technology to offer metallization pastes for solar cell applications. The Heraeus SOL Series of silver pastes is specially formulated to provide higher efficiencies and wider processing windows, resulting in better yields and higher output for cell manufacturers.
Heraeus, the technology group headquartered in Hanau, Germany, is a leading international family-owned company formed in 1851. With expertise, a focus on innovations, operational excellence and an entrepreneurial leadership, we strive to continuously improve the businesses of our customers around the world.
We create high-quality solutions for our customers and strengthen their long-term competitiveness by combining material expertise with technological know-how. Our ideas are focused on important issues such as the environment, energy, health, mobility and industrial applications. Our portfolio ranges from components to coordinated material systems which are used in a wide variety of industries, including the steel, electronics, chemical, automotive and telecommunications industries.
In the 2016 financial year, the FORTUNE Global 500 listed company generated revenues without precious metals of €2.0 bn and a total revenue of €21.5 bn. With approximately 12,400 employees worldwide in more than 100 subsidiaries in 40 countries, Heraeus holds a leading position in its global markets. In 2016, the Foundation for Family Businesses named Heraeus as one of the “Top 10 Family Businesses” in Germany.