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        FIRST SOLAR KAPAZITATSERWEITERUNG BB

        Signature(s)

        Amount
        € 48,500,000
        Countries
        Sector(s)
        Germany : € 48,500,000
        Industry : € 48,500,000
        Signature date(s)
        21/12/2011 : € 48,500,000

        Summary sheet

        Release date
        15 December 2010
        Status
        Reference
        Signed | 21/12/2011
        20100454
        Project name
        Promoter - financial intermediary
        First Solar Kapazitaetserweiterung BB

        First Solar GmbH

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 130 million
        EUR 173 million
        Location
        Sector(s)
        Description
        Objectives

        The project concerns an extension of the promoter’s existing modules manufacturing plant at Frankfurt/Oder (Brandenburg) by four additional production lines, thereby doubling the existing production capacity and bringing it to 446 MWp.

        The project contributes to bringing the cost of PV down and to the development of renewable energies in the EU and indirectly to the EU’s policy objectives on climate change and renewable energy. Moreover, the project will be carried out in a convergence region stricto sensu.

        Environmental aspects
        Procurement

        Production of solar modules is not listed in EIA directive 97/11 and the project will be carried out in the already authorized existing industrial areas. Given the characteristics of the project, it is unlikely that the competent authority requires an EIA. However, the environmental related issues will be assessed during the appraisal.

        The promoter is a private company operating in the manufacturing sector not covered by EU Directives on procurement.

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
        They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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