Electronics Production |
Qimonda & Centrosolar to<br>manufacture solar cells
Qimonda and Centrosolar Group have signed a contract to jointly build, equip and operate a solar cell manufacturing plant.
The joint venture will produce solar cells based on silicon and will be owned 49 percent by Centrosolar and 51 percent by Qimonda Solar GmbH, a 100 percent subsidiary of Qimonda AG. In the planned cooperation, Qimonda will contribute its existing in silicon-based mass production as well as important access to silicon supply. Centrosolar will contribute with solar systems and the sales and distribution of solar modules. The venture company which will be located on Qimonda’s
existing site in Vila do Conde, Portugal is planned to initially invest Euro 70 million by September 2009.
