Oerlikon Solar Invests in Singapore

Oerlikon Solar has announced that it is boosting its presence and proximity to customers in Asia, with a new facility in Singapore. The facility will initially employ approximately 100 people and is planned to be completed within the year.

Oerlikon Solar’s sales have exceeded this year’s planning, with growth rates exceeding 50 percent over the next several years.

“Oerlikon’s decision in choosing Singapore to site its Asia manufacturing and R&D hub clearly demonstrates our rapid progress in developing the solar industry. This project is a significant boost to this growing sector, and shows how our existing strengths in manufacturing, particularly in precision engineering, have evolved to support exciting new areas,” said Ko Kheng Hwa, managing director of the Singapore Economic Development Board.
Previous articleSolarWrights Acquires Kosmo Solar
Next articleBullish on Solar Energy, Bearish on Solar Stocks

No posts to display