November 13, 2006—Three of the world’s leading experts in power management technologies have signed a Memorandum of Understanding in the field of photovoltaic power generation.
Under the terms of the MOU, Delta Electronics, Inc. of Taiwan, its majority-owned subsidiary DelSolar Co. Ltd. (Taiwan ), and STMicroelectronics NV, will explore strategic cooperation opportunities with the intention of concluding a strategic partnership in areas such as increasing solar cell production, and developing photovoltaic inverter and power supply applications, the companies say.
ST is the world’s leading supplier of semiconductor solutions for power conversion applications. DelSolar is a world leader in solar cell manufacturing. Delta, a leading provider of switching power supplies, is focusing on photovoltaic inverter design and production and desires to become a major player in the fast-growing solar energy system market.
