Prime Solar Gains Grants for 100 MW Wafer Manufacturing Facility at Thalheim

South Perth, Western Australia [RenewableEnergyAccess.com] Prime Solar Pty Ltd. received a Letter of Intent from the State Government of Saxony-Anhalt confirming the eligibility of the project and the availability of grants for its wafers manufacturing facility to be set up at Thalheim, Germany. “Phase I of the project will be of 100 MW per year capacity and the commencement of production is expected by the end of 2007. A total production capacity up to 680 MW per year will be completed within seven years with a total investment of approximately Euro 425 million”, said Dr. Dilawar Singh, Managing Director and CEO of Prime Solar. A European Bank has confirmed interest to provide debt, bridging and working capital funding of approximately Euro 36 million.
Previous articleLos Angeles Revises Solar Rebate Plan
Next articleSolar Stocks Boom in 2005 — But It Is Just the Beginning

No posts to display