Jul 28 2010
Hitachi Cable Ltd. is planning to introduce a new production gear for the manufacture of NoWarp photovoltaic wires used in solar module conductors at its Hitachi Cable project in Malaysia along with Hitachi Cable Fine-Tech, Ltd. and Hitachi Cable (Suzhou) Co., Ltd. and will initiate the full-fledged production of the equipment during the month of August 2010.
The NoWarp photovoltaic wires currently occupying nearly 20 percent of the world cable market are used for connecting individual solar cells in a solar panel to conduct the generated power. Unlike the currently used thinner crystalline solar cells that produce more solar power, suffer thermal stress when connected to photovoltaic wires that results in warping of panels. The NoWarp wires produced to offer maximum flexibility and high energy conductivity skillfully absorb the thermal stress of the panels and prevent cell warping.
The photovoltaic market all over the world is projected to grow 3.3 times of its current size in the year 2015which will result in increased production of solar modules and may invite the entry of new players in the market. This growing trend necessitated the introduction of new technologies to meet the growing demand of photovoltaic wire and construction of new facilities.
Hitachi Cable expects that current expansion of NoWarp production facility will increase its net sales from the current 4 billion yens during the fiscal year 2009 to 9 billion yens during the fiscal year 2012. The company has plans to improve its regional production facilities, and introduce new products with enhanced capabilities.