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DuPont Features Latest High-Power Solar Panel at SNEC 2016

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DuPont’s (DD - Free Report) Photovoltaic Solutions business featured the latest solar panel from Xi’an Solar Power Co, Ltd., a unit of State Power Investment Corporation (SPIC), at SNEC 2016.

The latest M2 series utilizes DuPont Solamet PV19B to achieve 20.13% cell efficiency and reach 285-watt power output. This traditional 60-cell mono c-Si high-power module is protected by TPT, double-sided DuPont Tedlar PVF film-based backsheet, to continuously offer proven power and lasting value.

As most of SPIC’s solar facilities are large in scale and operate in adverse environmental conditions, high-power modules are required that can ensure reliable operations over longer periods of time. These conditions can be met by solar panels made comprising DuPont Solamet and Tedlar.

Huanghe Hydropower’s (“HHSD”) first solar farms in the West China desert whixh experience high ultraviolet (UV) exposure, extreme temperature fluctuations and severe sand storms, have been using Tedlar PVF film-based TPT backsheets since 2013.

SPIC, Xi’an Solar Power uses mono-crystalline modules produced with Solamet PV19B front-side silver metallization paste to achieve the greatest power output. By using modules produced with Solamet PV19B metallization pastes, Huanghe Hydropower achieves 20.13% production efficiency in cells, almost 0.15% higher than the previous baseline.

Both Huanghe Hydropower and SPIC, Xi’an Solar Power are responsible for making SPIC the world’s largest solar energy installer.

DuPont’s shares rose 1.4% to close at $67.92 on May 24.

DuPont recorded higher profits in first-quarter 2016, helped by  cost-management actions. Adjusted earnings for the quarter topped the Zacks Consensus Estimate. Revenues declined year over year due to unfavorable currency impact, but beat expectations. The company raised its earnings guidance for 2016.

While DuPont still faces a number of challenges, it is poised to gain from new product launches and productivity actions. Moreover, it remains committed to maximize shareholder value.

DuPont currently holds a Zacks Rank #2 (Buy).
 
Other well-ranked companies in the chemicals industry include Innophos Holdings Inc , Innospec Inc. (IOSP - Free Report) and Asahi Kasei Corp. (AHKSY - Free Report) , all sporting a Zacks Rank #1 (Strong Buy).

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