Austrian polyolefin manufacturer Borealis AG and Borouge — the 50/50 joint venture between Borealis and the Abu Dhabi National Oil Co. —are joining forces in a growing solar energy industry with the new brand Quentys.
In a May 3 statement, Vienna-based Borealis said the new brand could potentially “revolutionize” the solar energy industry by making applications more affordable, reliable, and durable.
“This innovative force is now being unleashed in the field of solar, where new material solutions based on unique and proprietary technologies have been developed for applications such as backsheets and encapsulant films,” the company added.
The new brand will improve the operational reliability of photovoltaic (PV) modules, reduce processing complexity, and extend the lifetime of PV panels, claimed Borealis. The company did not give any further details on the extent of the "innovative materials" involved in the venture.
Single-step production technologies will also reduce manufacturing complexity and costs, the companies said.
The first wave of new products which have been developed in partnership with “a leading solar industry partner” will be launched shortly, Borealis added.
According to Borealis, by 2025 solar industry is expected to have the highest global annual capacity added of all energy sources, reaching over 100 Gigawatt (GW) capacity added per year.
This, said the statement, has prompted Borealis and Borouge to prepare for the rising demand.
“Our mission is to keep discovering new ways of applying our experience and know-how to future growth sectors,” says Alfred Stern, Borealis executive vice president, polyolefins and innovation & technology.
“Our new Quentys brand will be the foundation for a range of exciting new products and applications that will make solar more affordable and more widely available,” he added.
