EMCORE Corporation (EMKR) and XinAo Announce First Deployment of Terrestrial Power System in China
EMCORE Corporation (Nasdaq: EMKR) provides semiconductor-based components and subsystems for the broadband, fiber-optic, satellite and terrestrial solar power markets. The company today released an update regarding its collaborative efforts with XinAo Group, one of China’s largest energy companies. EMCORE, with XinAo, announced the first deployment of a concentrator photovolataics (CPV) system in China. Per specifications of earlier agreement between EMCORE and XinAo, the 50 kilowatt test and evaluation system is in operation and producing power. EMCORE's CPV systems are powered by high-efficiency compound semiconductor-based multi-junction solar cells. The company is focused on developing a “next-generation” system design, called the Generation…