Half of the world’s semiconductor manufacturers will be making solar cells by 2020

Solar cells and semiconductor chips have a lot in common. There’s enough similarity in how they’re made that a group of Seattle brokers has carved a global niche in selling chip plants to be converted to production of solar cells for the booming alternative-energy industry.

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Colliers International’s Advanced Technology Real Estate Group, or ATREG, predicts half of the world’s semiconductor manufacturers will be making solar cells by 2020.

Since it was founded in 1997, ATREG has handled more than $2 billion in sales of chip plants, said Stephen Rothrock, a senior vice president at Colliers. Rothrock is one of two directors, along with Colliers Senior Vice President Doug Barrett.

Over that time, the deals have evolved from straightforward real estate transactions to sales of intellectual property and companies, Rothrock said, as buyers realize work forces could be retrained and equipment adapted for solar cell production.

Source:Puget Sound Business Journal

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