Moser Baer to set-up thin film solar fab

Moser Baer India announced that it would set-up the world's largest thin film
solar fab to achieve new cost benchmarks. It has entered into a technology
partnership with US-based Applied Materials Inc, a provider of nano
manufacturing technology solutions for the electronics industry.

Ravi Khanna, CEO, Moser Baer Photo Voltaic

Ravi Khanna, CEO, Moser Baer Photo Voltaic, said, "Leaders in the
photovoltaic industry will emerge on the strengths of rapid scale up and
technology differentiation. We believe that Moser Baer with its experience in
deposition technology and high-tech manufacturing is poised to emerge as a
global leader in this rapidly growing market."

The combined capabilities bring scale economies to this industry by
manufacturing thin film modules that are four times larger than current modules,
making it a disruptive technology that provides a roadmap to sub-dollar per watt
costs.