DuPont and the U.S. Department of Energy will collaborate in a $9 million solar research program to develop ultrathin moisure-barrier material solutions for flexible thin-film photovoltaics. Some $3 million of the funding for the three-year effort comes from the American Recovery and Reinvestment Act, with DuPont contributing the remaining $6 million.
Taiwan based AU Optronics Corp is to make an initial US$125 million investment in Japanese polysilicon producer, M.Setek with the aim of gradually becoming the majority shareholder in the company as it makes a move to strengthen its position in the renewable energies market.