Less than three months after announcing a strategic investment into thin-film photovoltaics, Masdar, the Abu Dhabi renewable energy company, broke ground on its first photovoltaic production plant in Ichtershausen, Germany, in the second half of August.
“The plant will use advanced production technologies to bring PV closer towards grid parity and enhance a local economy with a rich history of manufacturing and technology,” a Masdar statement said.
The $230 million (150 million euros) German plant marks the first phase of Masdar’s $2 billion investment in thin-film PV manufacturing, one of the largest investments ever made in solar. To be opened in Q3 2009, the plant has a targeted annual production capacity of 70 MW, and will create more than 180 green jobs.
It will produce the world’s largest (5.7 m2) and most powerful PV modules on equipment from the world’s leading supplier Applied Materials to drive cost reductions necessary to make solar energy an affordable reality.
As a leading global centre for PV technology, Germany was selected as Masdar’s first PV plant location. The German plant will act as a blueprint for technology and knowledge transfer to a 140 MW Abu Dhabi plant, which will begin initial production by Q3 2010. Output from both facilities has already been committed to major PV system installers in Europe, and for Masdar’s own energy-generation needs.
“Thuringia is a modern business location”, says Dieter Althaus, Prime Minister of State of Thuringia. “Within Germany we hold a leading position in modern environmental technologies especially in trendsetting solar energy. We are pleased that Abu Dhabi chose Germany and particularly Thuringia as a model for technology and knowledge transfer. Germany’s technology base combines well with Masdar’s vision to accelerate the development and adoption of clean energy solutions on a global basis.”
Masdar PV represents a significant advancement of German-UAE trade relations, particularly as it addresses a new area of cooperation in providing clean and sustainable energy solutions for both countries. The UAE is one of Germany’s major trading partners in the Gulf region with non-oil trade, currently worth nearly $7 billion.
In addition, it furthers Masdar’s existing investment and research ties with German companies and organisations, including Siemens, RWTH Aachen University and the German Aerospace Centre (DLR).
“Abu Dhabi’s geography and our vision to become a world leader in renewable energy, makes thin-film PV a natural area of focus for Masdar,” said Dr Sultan Al Jaber, CEO of Masdar. “Germany, with its technology, highly-skilled workforce, attractive investment climate, and direct access to the European market, make it an ideal partner for Masdar.”
He said the initiative would bring the world one step closer to a future of clean energy.
As well as Althaus and DrAl Jaber, dignitaries present at the event included Dr Rainer Gegenwart, CEO of Masdar PV, UAE ambassador to Germany Mohammed Ahmed Al Mahmoud, first secretary at the UAE embassy in Germany Saleh Al Suwaidi, German MP Dr Hermann Scheer, Mayor of Ichtershausen Klaus von der Krone and representatives from the Masdar PV management team
The Masdar Initiative is Abu Dhabi’s multi-faceted, multi-billion dollar investment in the development and commercialisation of innovative technologies in renewable, alternative and sustainable energies as well as sustainable design. Masdar is driven by the Abu Dhabi Future Energy Company (Adfec), a wholly owned company of the government of Abu Dhabi through the Mubadala Development Company. In January 2008, Abu Dhabi announced it would invest $15 billion in Masdar, the largest single government investment of its kind.