Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    South Africa : € 40,000,000
    Industry : € 40,000,000
    Signature date(s)
    10/12/2008 : € 40,000,000
    Link to source

    Summary sheet

    Release date
    2 August 2007
    Status
    Reference
    Signed | 10/12/2008
    20060500
    Project name
    Promoter - financial intermediary
    PV-Modules Manufacturing Facility

    Thin Film Solar Technologies SA (Pty) Ltd.
    Mr Johan Buys Project Manager
    Telephone (landline): +27 21 863 0623

    Telephone (mobile): +27 83 769 7960

    e-mail: johan.buys@gmail.com

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million.
    EUR 80 million.
    Location
    Sector(s)
    Description
    Objectives

    Establishment of a start-up photovoltaic (PV) modules manufacturing facility, consisting of a production line with an annual capacity of 30 MWp.

    The project is expected to foster the international competitiveness in the global PV-industry and to contribute to decreasing the cost of PV-generated electricity down to market price parity over time. It indirectly contributes to the EU policies in the development of renewable energy technologies, sustainable energy production and climate change mitigation.

    Environmental aspects
    Procurement

    Production of semiconductors, which includes photovoltaic cells, is not listed in the EIA Directive 97/11. In South Africa, for all industrial projects, a base EIA needs to be prepared and presented to the concerned Environmental Ministry of the Province. The Ministry then decides if a full EIA is required or if supplementary information to the base EIA will be sufficient. The promoter has engaged a specialised environmental consultancy company to prepare the EIA for the project.

    Procurement will be in accordance with the Bank’s Guide to Procurement.

    Link to source

    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).

    News & Stories

    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications