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Twin Creeks Equipment Can Help Solar Makers Cut Costs, CEO Says

Business Week -- Twin Creeks Technologies Inc., a closely held maker of solar manufacturing equipment, has developed machinery that can cut by 90% the amount of silicon needed to make panels, increasing the margins of producers, according to its chief executive officer.

The company’s equipment produces silicon wafers that are one-tenth the thickness of conventional ones, which lowers costs because more products are made with less material, CEO Siva Sivaram said in an interview in S.F.

The company’s machines, and its processes for handling extra-thin wafers, could offer manufacturers a way to boost margins after a global glut caused solar panel prices to fall by 50% last year, Sivaram said.

The company’s proprietary machine, called the Hyperion, eliminates the need for 52 pieces of equipment typic


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Submitted Mar 13, 2012 By: DellDude2
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ExplorerWA
Champion Author Washington

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Message Posted: Mar 13, 2012 9:13:19 PM

Wow! Look what they are doing and they are backed by about $93 million in venture capital. Interesting and I hope this takes off.
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teafortwo
Champion Author Washington

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Message Posted: Mar 13, 2012 4:02:46 PM


Sounds like another step in the right direction. Thanks for sharing DellDude2 ;0}

FROM THE ARTICLE:

Twin Creeks expects to improve manufacturing in solar similar to the way efficiency gains in memory chip production have preserved margins in that industry, according to Sivaram. “In the memory industry year after year after year the price drops 50 percent, but everybody still makes money, and the people who make the most are the equipment guys,” he said.

“What we have done is located the weakness, it’s materials-focused, and introduced a completely disruptive technology,” Sivaram said.

The company’s proprietary machine, called the Hyperion, eliminates the need for 52 pieces of equipment typically required to make wafers, he said. “Kill the whole thing and replace it with Hyperions,” Sivaram said. “That’s really what we want to do.”

BIG OIL, GAS & COAL love us ... but the SUN & Mother Nature offer FREE refills ;0}
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jimgraham
Champion Author Akron

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Message Posted: Mar 13, 2012 12:27:36 PM

When is the IPO???
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kenji554
Champion Author Charlotte

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Message Posted: Mar 13, 2012 9:22:50 AM

Interesting advance in solar cell manufacturing.
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bigmoo63
Champion Author Kalamazoo

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Message Posted: Mar 13, 2012 7:06:58 AM

What, no taxpayer subsidies? What a novel idea. And a damn good one at that. Hope this works.
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doeslayersr
Champion Author Illinois

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Message Posted: Mar 13, 2012 6:24:38 AM

Interesting. And the fact it is being done with private venture capital (instead of tax payer $$$$) is great.
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firemunkee
Veteran Author Maryland

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Message Posted: Mar 13, 2012 5:34:59 AM

sounds good
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yardslave
Champion Author Oklahoma City

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Message Posted: Mar 13, 2012 4:07:37 AM

Let me buy it....
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farmboyTN
Champion Author Tennessee

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Message Posted: Mar 13, 2012 4:02:01 AM

Great
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MN1
Champion Author Twin Cities

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Message Posted: Mar 13, 2012 3:21:52 AM

Let's hope so.
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TXryder
Champion Author Texas

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Message Posted: Mar 13, 2012 2:41:56 AM

ok
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1momsunshine
Champion Author Ottawa

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Message Posted: Mar 13, 2012 2:20:24 AM

Sounds good
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RNCII
Champion Author Michigan

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Message Posted: Mar 13, 2012 1:02:49 AM

Innovation at work.
If the cost of solar comes down it might even be able to compete with oil, gas and coal generated electric without a crap load of tax dollars propping it up.
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