Nexolon is a leading manufacturer of mono and multicrystalline solar wafers. We have a vision to become a global leader in renewable energy by providing the most value to our customers and maximizing corporate value through innovative and timely decisions.
As the first step, Nexolon achieved an annual solar wafer manufacturing capacity of 150MW for 2008, and has proceeded with the next phase of expanding the capacity to achieve a target of 1,000MW by the end of 2011. Nexolon will achieve the world’s top class economies of scale and product quality through continuous investments in production facilities and human resources. We are confident in our ability to produce high quality and cost competitive wafers for the solar industry.
Solar energy is one of the fastest growing forms of renewable energy with an expected annual growth rate of more than 40% in the foreseeable future. Solar power is an environmentally friendly way to produce electricity. A typical 4 kW solar electric system will annually eliminate 10,000 lbs of CO2, 91 lbs of NO2, and 8 lbs of SO2 spewed into the environment. This is equivalent to the pollution produced by driving a car 14,000 miles a year, or the environmental benefit of planting 1.5 acres of trees. Nexolon is very excited with the market opportunities lying ahead for the solar industry and we are confident that we will take an active role in further expanding this valuable renewable energy sector by contributing to cost reduction and quality increase through various technical breakthroughs.