Alfa Solar Signs Agreement With Astronergy Europe To Establish Integrated Wafer Manufacturing JV In Turkey

About this update from Alfa Solar Enerji Sanayi Ve Ticaret A.s.

ALFA SOLAR ENERJİ SANAYİ VE TİCARET BIST:ALFAS:SAID ON FRIDAY, IT SIGNS AGREEMENT WITH GERMANY-BASED ASTRONERGY EUROPE GMBH TO ESTABLISH A JOINT VENTURE IN TURKEYTO ESTABLISH A FACILITY TO MANUFACTURE INTEGRATED WAFER/CELL MANUFACTURING STARTING FROM INGOT SLICING WITH A INITIAL ANNUAL CAPACITY OF 2.5 GW PER YEARTOTAL INVESTMENT FOR PHASE 1 IS EXPECTED TO BE APPROXIMATELY 200 MILLION USDFACILITY TO BE BUILT IN BALIKESIR ORGANIZED INDUSTRIAL ZONESHAREHOLDING STRUCTURE OF THE ESTABLISHED JV, NAMED ASTRONERGY, TO BE 50/50 BEWEEN ALFA SOLAR AND ASTRONERGY EUROPE Source text for Workspace: Further company coverage:

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