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EMCORE (EMKR) And San’an Optoelectronics Begin Joint Venture To Produce Concentrator PV Products

EMCORE just announced that it has entered into a joint venture with San’an Optoelectronics to develop, manufacture and distribute concentration photovoltaic receivers, modules and systems. EMCORE will own 40% of the JV company, which will be called Suncore Photovoltaics Co., Ltd. San’an Optoelectronics will own the remaining 60%.  The new company will set up its manufacturing facilities in Wuhu City, China, to take advantage of incentives provided by the city government.

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