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CVD Equipment Corp. Receives $25 Million in Orders Addressing Solar and Energy Market Needs

Published on October 22, 2008 at 10:06 AM

CVD Equipment Corporation announced today that it has received orders totaling $25 million since the beginning of the year - January 1, 2008, compared to $14 million of orders received for the full 12 months of 2007. Approximately 50% of the orders in 2008 address needs of the solar and energy markets and incorporate CVD proprietary and patent pending thin film solutions for enabling tomorrow's technology(TM).

The first thin film market segment we are addressing is for continuous thin film Atmospheric Pressure Chemical Vapor Deposition (APCVD) of Transparent Conductive Oxide (TCO) coatings for Photovoltaics - solar energy and Low-E coatings - energy efficient windows. The technologies we are offering will enable TCO and other coatings to be done both Off-Line, i.e. after the float glass is cut to the desired size and On-Line, i.e. on a Float Glass production line.

The second thin film market segment is a high throughput Silicon Epitaxial Chemical Vapor Deposition System for a lower cost manufacturing solution in the solar and power semiconductor markets. The ability to economically deposit a quality silicon thin film onto a re-usable, inferior or non-silicon substrate and thereby form the basis for a solar cell will significantly reduce overall manufacturing costs and the need for high quality silicon substrates.

The large demand for energy savings, energy generation materials and products needed to address rising energy costs creates a growing demand for manufacturing solutions using thin film coatings on glass, wafers and other substrates. Using our application laboratory we will perfect and expand the multiple areas where these low cost thin film manufacturing solutions can be applied and further optimize our proprietary and patent pending technologies for cost and performance. The solar, energy and power semiconductor markets we are addressing with multiple products have significant growth opportunities for technologies that deliver favorable price benefits.

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