Release date: 11 March 2009
Promoter – Financial Intermediary
Leading automotive supplier and photovoltaic module manufacturer.Location
Description
Establishment of photovoltaic (PV) cells and modules manufacturing capacities.
Objectives
The investments concern manufacturing installations for thin film modules and cristalline PV solar wafers, solar cells and modules. The facilities will have annual capacities of respectively 120 MWp in thin film modules and 450 MWp in cristalline cells. An extension of research facilities is also planned.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 450 million.
Total cost (Approximate amount)
EUR 900 million.
Environmental aspects
The project concerns the establishment of the production of photovoltaic cells and modules on existing dedicated industry sites. The project promoter is required to respect the requirements of EU Directive 97/11/EC, amending 85/337/EEC.
Procurement
Promoter’s procurement procedures are expected to be in line with current practice in private industry.
Status
Signed - 12/11/2009
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).