A new plant will be built in Germany to assemble 20 MW of solar electric modules.
HANNOVER, Germany, DE, 2001-04-26 <SolarAccess.com> BP will build the facility in Hameln, Lower Saxony, for $12 million, with assistance of a 10 percent incentives from the local State. Construction will start later this year with the first PV modules to be produced by the fourth quarter of next year. The plant will create 100 new jobs. “The solar industry is growing rapidly and Germany is a leading market,” says BP Solar chief executive Harry Shimp. “We expect continued robust growth well into the future and the manufacturing base in Lower Saxony will play an important role in supplying the domestic market and beyond.” A feasibility study conducted last year by BP and the State of Lower Saxony established the market potential for photovoltaics and the opportunity for a module assembly plant in Germany. Components from a variety of sources, including solar cells produced at BP’s solar plant in Madrid, will be assembled for installation on roofs and as building cladding in Germany and abroad. The assembly plant will initially produce crystalline silicon modules. The annual capacity of 20 MW could supply electricity to a town of 16,000 people, and would displace the emission of 20,000 tons of CO2 emissions each year. “Solar power is playing an important role in helping meet the energy needs of the German people while protecting the environment,” adds Deutsche BP president Peter Knoedel. “BP is pleased to be part of making a positive difference in the quality of life of our citizens.” BP manufactures 40 MW of solar products in six plants in four countries around the world, and reports annual revenues of $200 million with 20 percent of the global market for PV.