As per the strategic partnership, which will be a 50-50 joint venture between Jusung and MEMC, the initial 100MW of capacity is expected to start commercial production in the first half of next year.

The joint venture will combine MEMC’s Solaicx CCZ (Continuous Czockhralski) monocrystalline wafers with Jusung’s high efficiency cell manufacturing equipment.

This strategic combination of technologies will drive a low cost, high efficiency and capital efficient solar cell manufacturing solution.

MEMC Solar Materials president Ken Hannah said through a small, capital efficient investment, we expect to combine the benefits of MEMC’s high performance Solaicx monocrystalline wafer technology with Jusung cell technology.

Korea-based Jusung is a process technology solutions provider for semiconductors, flat panel displays, solar, OLED and LED lighting.