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Applied Materials gains first Italian ‘SunFab’ customer - 09 July 2008
Canadian Solar commits to five new contracts totalling 14.9MW - 07 July 2008
Applied Materials breaks ground at Singapore Operations Center - 08 July 2008
Thin-film start-up Sencera invests $36.8 million in 38MW plant - 08 July 2008
REC ASA enters several silane supply deals worth close to $1 billion - 18 July 2008
Analysts eye tighter subsidies in Spain for solar industry - 18 July 2008
Global market leader SMA Solar Technology AG accelerates time-to-market with Across - 18 July 2008
Solar gains in popularity - 18 July 2008
Solar panels to join backup power plant at West Side facility - 18 July 2008
Thin-film silicon solar photovoltaic module manufacturer Signet
Solar has announced plans to ultimately produce 1 gigawatt (GW) in
annual production of solar modules over the next ten years at a new
plant to be built in India at an estimated final cost of approximately
$2 billion U.S. dollars.
“The announcement by Signet Solar to expand its production capacity
will significantly contribute to our plans to accelerate semiconductor
and information technology (IT) hardware manufacturing in India,”
states Thiru A. Raja, India’s Honorable Union Minister of Information
Technology. “Combined with our highly skilled workforce, India has an
opportunity to be a leader in using technology to address pressing
global energy needs.” “We are convinced that India is ideal for manufacturing the world’s lowest cost solar modules,” said Dr. Prabhu Goel, Chairman and Founder, Signet Solar. “With its manufacturing prowess and vast need for energy, we consider India key to bringing Clean Affordable Renewable Energy, via thin film solar modules, to our customers.”
The initial production line will have a capacity of 60 megawatts. Signet Solar’s India announcement comes on the heels of plans announced last month for a manufacturing and development plant to be built in Dresden, Germany (pictured). Timing and location of the India plant were not disclosed.
