Iain Garner, Business Development Director and Ismael Bena, Director UK & Ireland, DMEGC Solar, called in to PES to tell us how they went against the trend and backed mono-Si cells, we hear why that was the way to go. The company is rated by the Altman Z Score of financial stability, something to be proud of…
PES: Welcome to PES Solar/PV magazine. Thanks for talking with us. Would you like to begin by explaining a little about the background of your organisation and how you currently serve the solar industry?
Iain Garner & Ismael Bena: DMEGC was founded in 1980 and has developed to become the global No.1 magnetics manufacturer. Customers include Microsoft, Siemens, Samsung, HP, LG, Bosch, Sony, Toshiba, Panasonic, IBM, Phillips and Apple. DMEGC was listed on the Shenzhen stock exchange in 2006, and now has annual revenues over USD 1.3bn and 15,000 employees. It’s part of the Hengdian Group, which is one of the largest privately owned enterprises in China, with activities in chemicals, pharmaceuticals, tourism, media and entertainment.
The magnetics business ranges from permanent magnets for large scale generators and motors, to electronic components for a wide range of products including mobile phones and even solar PV inverters. DMEGC magnetic cores are used for various EMI filters, HF transformer coils and DC/DC converters by PV inverter manufacturers such as SMA, ABB, SolarEdge, Huawei and Sungrow.
