Berlin-based SOLON AG, one of Europe's biggest manufacturers of solar modules and photovoltaic systems for the construction of large-scale solar power plants, has acquired a 19.5 percent stake in the Italian start-up company Estelux s.r.l.
Estelux plans to build up production of solar silicon using the well-established Siemens process. To this end, the company intends to set up a production site in the north Italian town of Ferrara with an annual production capacity of 4,000 tonnes. Production is scheduled to commence at the end of 2010. The total investment will amount to approx. EUR 360 million.
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Estelux plans to build up production of solar silicon using the well-established Siemens process. To this end, the company intends to set up a production site in the north Italian town of Ferrara with an annual production capacity of 4,000 tonnes. Production is scheduled to commence at the end of 2010. The total investment will amount to approx. EUR 360 million.
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