NexWafe Hires Davor Sutija as New CEO to Strengthen its Management

With an aim to strengthen its management, NexWafe has appointed Dr. Davor Sutija as new CEO of the company starting September 01, 2020. However, Dr. Stefan Reber will continue as CTO and Managing Director of the company.

NexWafe focuses on the industrialization of innovative technology for the epitaxial production of silicon wafers for photovoltaic (PV).

Sutija has extensive experience in leading technology companies and driving their global expansion. He is a veteran in silicon wafer production, having co-founded siNor (now Norwegian Crystals), acquired by REC in 2004. 

Commenting on Dr. Davor Sutija’s appointment, NexWafe’s, Chairman, Peter Pauli said “I am very pleased to announce Davor Sutija's appointment as CEO, as the company enters the commercial phase. His extensive management experience and proven leadership skills, as well as his strong commercial orientation and impressive track record of value creation will greatly benefit the company as we begin shipments to customers early next year.”

“As NexWafe moves forward to commercial shipments, I am happy to welcome Davor on board. Davor will complete our team, focusing on helping us build a world-class technology product company,” said Dr. Stefan Reber, Co-Founder and CTO of NexWafe.

The company has pioneered the use of continuous-process epitaxy to produce monocrystalline silicon wafers that have half of the carbon footprint of ordinary wafers. By minimizing waste through a direct gas to wafer manufacturing process, it can produce thinner, full square wafers with superior properties. 

The company is ramping up a 5MW pilot production in Freiburg/Germany and is expected to begin supplying qualification customers in H1/2021.

Through highest solar cell efficiency, the comoany said that it’s products will lower electricity cost from photovoltaics by over 20 per cent.

Post completion of qualification, the company is expected to begin industrial scale up at its Bitterfeld production facility to reach more than 450 Mn wafers per year by 2023.