May 27 2009
National Semiconductor Corp. (NYSE: NSM), a leader in analog power management technology. Its products include easy-to-use integrated circuits, and Suntech Power Holdings Co. Ltd. (NYSE: STP), the world's largest crystalline silicon photovoltaic (PV) module manufacturer, have signed a memorandum of understanding (MOU) to evaluate National Semiconductor's SolarMagic(TM) technology with the intention of jointly promoting the technology and developing future solutions.
National's SolarMagic power optimizers use distributed electronics throughout a solar installation to recoup energy lost due to real-world conditions such as shade, debris and panel mismatch.
"We are proud to be working with Suntech, the world's leading manufacturer of crystalline silicon photovoltaic modules, a company that shares our vision for what it will take to increase the adoption of solar," said Michael Polacek, Senior VP of Key Market Segments and Business Development, National Semiconductor. "Our strength in analog and power management lends itself well to solar, enabling us to apply unique innovation to the solar market."
"Innovation in the solar industry is a collaborative process and we are excited about this opportunity to potentially combine National Semiconductor's SolarMagic technology with Suntech's high efficiency solar panels," said Dr. Cai, VP of Systems R&D, Suntech. "This innovative technology has the potential to improve power harvest for solar owners and thereby increase the affordability of solar systems."
National developed SolarMagic technology to improve the energy harvest of solar arrays. Because of the characteristics of solar modules, real-world conditions -- caused by shading from trees, chimneys or power lines; debris such as leaves or dirt, and panel aging -- can lead to disproportionate power losses. Solar Magic compensates for these circumstances, creating a more consistent energy supply to the home or business owner.