E-Ton Solar Tech 2008 New Product Launch Press Release

E-Ton Solar Tech has always been a provider of high quality and high efficiency solar cells. To further enhance the competitiveness and reputation of the company, Dr. Allen Guo, Deputy Director of the UNSW ARC Centre of Excellence in Advanced Silicon Photovoltaics and Photonics was recruited to lead the research and development of advanced silicon solar cell.

Today, under the leadership of President Guo, E-Ton Solar Tech had successfully surpassed 17.5%, the conversion efficiency bottleneck for conventional screen-printed solar cells. The self-developed mono-crystalline cell is capable of achieving conversion efficiency greater than 18%. This new high-efficiency solar cell has an average efficiency of 17.9% and 99% yield with efficiencies over 17.5%.

This innovative technology is expected to begin mass production during Q1 and Q2 in 2009. As the increase in operation cost for this new type of solar cell is minimal, gross margin is expected to increase by around 5%. Once deploy to mass productions, this product should make a significant contribution to the profitability of E-Ton Solar Tech.

The new technology would provide E-Ton Solar Tech with beneficial return and opportunity to differentiate itself from the market through higher conversion efficiency and cost reduction in solar power generation for customers. The company is progressively converting standard production lines over to the new process while continuing to aim for efficiencies of 19% for mono-crystalline and 16.5% for multi-crystalline solar cells in the future.