Europe’s largest factory to produce solar PV cells is being planned by the Intersolar Group of Britain, with government backing.OXFORD, England, UK, 2002-01-17 [SolarAccess.com] For the second time in three months, the British Department of Trade & Industry has announced financial support for Intersolar projects. This time it has awarded £500,000 (US$720,000) to the Oxford group to build a mainstream factory to manufacture solar cells, at a site still to be selected. The initial cost of the project is £1.2 million and will take two years. Intersolar hopes to develop a factory that can produce PV cells at a cost of £0.70 per watt. In October, the Intersolar Group and Persimmon Homes agreed to undertake a joint project to install solar electric roof slates in a new housing development on the A6 highway near Bedford. Intersolar’s interlocking Electra-Slate solar tiles will be put on 2o homes, with funding from the Department of Trade & Industry under its Domestic Field Trial. That initiative represents a £4 million commitment to support the installation of PV rooftop systems in Britain. Solar has been an expensive alternative to traditional energy sources, but Intersolar chairman Philip Wolfe says production of thin film cells at higher volume will change that proposition.