Moser Baer Ramping Up Solar Power Biz

[Sify business] Moser Baer Photovoltaic, the solar photovoltaic cell manufacturing arm of optical storage disk maker Moser Baer, is in the final stages of discussions with a few state governments to set up a greenfield manufacturing facility. The company, which is adding capacity to produce 500 megawatts of solar power by 2010, expects $1.5 billion in revenues from the solar energy segment.