Boviet Solar Technologys Superior R&D Delivers New Commercial-Grade PERC Panels That Are More Energy Efficient at Lower Costs

SAN FRANCISCO--(BUSINESS WIRE)--Boviet Solar USA, the North American arm of Boviet Solar Technology Co. Ltd., a global leader in the manufacture of high-quality photovoltaic technology for commercial and utility applications, will be introducing its new line of PERC (Passivated Emitter Rear Contact) solar modules at Intersolar North America, Booth 7033. Boviet Solar is using the Intersolar North America event to showcase its latest innovations in PERC design and manufacture for both multicrystalline and monocrystalline high-performance solar modules.

PERC is gaining momentum in the solar market because it is fulfilling its promise to deliver more efficient solar power at a reduced cost. PERC technology improves conversion efficiency by adding a dielectric passivation layer at the rear of a solar cell, helping maximize the electrical gradient across p-n junctions for a steadier flow of electrons, hence greater efficiency. PERC technology has been slow to go into mass production because it has been difficult to reduce costs. Due to superior R&D and engineering following Boviet Solars acquisition by Powerway Alloy Materials Co., Boviet has been able to pioneer new strategies and efficiencies in the manufacturing of advanced PERC technology and produce high-tech products at a large scale.

"The solar market has been anticipating the widespread adoption of PERC technology for some time but it has been difficult to manufacture at scale," said Eric Ma, President and Managing Director of Boviet Solar USA. "Thanks to both financial and R&D support from our parent company, Powerway Alloy, we have been able to expand our PERC manufacturing capabilities and increase production. Our goal is to become the foremost innovator in the manufacture of PERC-based solar modules."

Boviet Solar Technology Co. Ltd. and its affiliate Boviet Solar USA are wholly owned by Powerway Alloy Materials Co., a publicly listed company on the Shanghai Stock Exchange Market. Powerways first-class R&D capacities, top notch teams, and capital investments have helped accelerate expansion of Boviets state-of-the-art solar cell and module manufacturing facilities in Vietnam, from 280MW to 660MW as of June 2016. Boviets modules have not only obtained all certificates, but they also passed the industry's highest long-term reliability tests, far exceeding the IEC standards. Intersolar North America gives Boviet an opportunity to present its current product portfolio, which the Vietnamese manufacturer is offering to the U.S. solar market tariff-free.

About Boviet Solar USA

Headquartered in Silicon Valley, Boviet Solar USA is the North American arm of Boviet Solar Technology Co. Ltd., the largest manufacturer of solar cells and panels in Vietnam. A wholly owned subsidiary of Powerway Alloy Materials Co., Boviet Solar USA delivers commercial-grade solar modules, cells, and related products to contractors, integrators, and utilities across the country. Boviet Solar USA offers innovative, state-of-the-technology products developed and manufactured at the parent companys 530,000 square foot facility in Vietnam, which is designed to produce 600MW of solar cell and module capacity each year. Boviet Solar USA also delivers solar products where and when they are needed, shipping from six fully stocked warehouses located in Arizona, California, Georgia, New Jersey, and South Carolina.

For more information about Boviet Solar USA and its complete line of solar modules and cells, visit www.bovietsolarusa.com.