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Micron, Origin form PV joint venture

Posted: 20 Jan 2010 ?? ?Print Version ?Bookmark and Share

Keywords:Micron Origin JV? photovoltaic? joint venture?

Australia-based Origin Energy Ltd and Micron Technology Inc. have formed a 50/50 joint venture with a focus on the development of photovoltaic (PV) technology.

Mark Durcan, president and chief operating officer, Micron said, "As we have looked to leverage our core strengths in other markets, photovoltaic energy technology is a natural area of investigation. Origin is a company with a significant interest and history in renewable energy technologies. Combining our semiconductor manufacturing expertise with Origin's solar experience could result in a strong partnership."

Meanwhile, Andrew Stock, executive general manager, major development projects, Origin, said, "We are pleased to joint venture with Micron as a global semiconductor leader to further explore the potential of solar photovoltaic technology. "The near term objective of the joint venture is to combine the work Origin has done to date in solar development with Micron's capabilities and to examine opportunities for commercialization," Stock added.

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