Under this cooperation agreement, the two companies will focus on developing innovative products for assembly and packaging technology in the solar module industry.

The global collaboration capitalizes on the market leadership and proven technological track record of both companies to bring new innovation and performance to solar cell interconnection technology. The partnership combines the expertise of Heraeus as the market leader of silver paste for the solar cell industry and Ulbrich’s innovations in PV ribbon technologies to increase the electrical output and performance of solar modules. With its extensive background in materials science, Heraeus will use its partnership with Ulbrich to expand its renewable energy footprint by establishing a new product line developing materials for the production of PV modules.

According to Dr. Andre Kobelt, the Chief Commercial & Technology Officer for Heraeus, “The announcement of this cooperation with Ulbrich is an important step which could significantly lower the cost per watt for pv module industry. We view this agreement as an exciting opportunity for Heraeus to embark upon as we look to continue to expand our global footprint in the field of renewable energies.”