Solar Semiconductor Announces Strategic Partnership With Motech Industries

Sunnyvale, CA - Solar Semiconductor, a rapidly growing producer of high-quality photovoltaic (PV) modules, recently announced a strategic partnership with Motech Industries, Inc., a premium cell manufacturer. This multi-year strategic partnership is for the supply of approximately 120MW (megawatt) of cells. Through this partnership, Motech will be supplying high-quality PV cells to Solar Semiconductor. To meet demand and ensure a steady supply of cells, Motech will strategically cooperate with Solar Semiconductor to explore processing wafers for conversion into cells.

A Strong Partnership Built on an Existing Foundation

"We have been growing rapidly in recent months and will continue that growth in the coming years. Our focus on quality and customer care has created significant demand for our PV modules. So it is essential for Solar Semiconductor to obtain more quality cells at competitive prices," said Mr. Hari Surapaneni, chief executive officer of Solar Semiconductor. "Motech cells are already part of our high-quality modules. With this new commitment, we have further enhanced our partnership with Motech to a strategic level. Beyond being a direct cell supplier, Motech is committed to explore all cooperative arrangements to support our aggressive growth plans."

"We are happy to be associated with Solar Semiconductor and support their growth strategy. We are pleased that Solar Semiconductor is looking to Motech in its quest for the highest quality cells," commented Dr. Simon, chief executive officer of Motech Industries, Inc. "As a leading global supplier of solar cells we are at the forefront of technology and product innovation, and hopefully, our cells will contribute to Solar Semiconductor's module quality and performance."

SOURCE: Solar Semiconductor Inc.