Issue Date: December 4, 2006
Shell forms solar- panel joint venture
Shell and the construction materials maker Saint-Gobain have formed a joint venture, called Avancis, to produce photovoltaic panels based on copper indium diselenide (CIS) technology. The venture intends to build a 20-MW factory in Torgau, Germany, by the end of 2008. The companies say the nonsilicon CIS technology may someday compete with conventional sources of electricity. "Based on our R&D experience in Munich, where the laboratory line delivered record 13.5% efficiency, we believe . . .
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