Your daily dose of Photovoltaic Technology Developments and Solar News
SOLON raises stake in Austrian solar cell manufacturer
Popular articles
Polysilicon pricing to begin ‘precipitous plunge’ in 2009, says iSuppli report - 12 November 2008
The end of the road for San Diego Gas & Electric’s 900MW renewable energy project? - 07 November 2008
Photonic convergence: Earnings season, China PV heebee geebies, CIGS gets Time nod, and more - 11 November 2008
French government proposes new incentives to greatly increase solar power, other renewables - 17 November 2008
Energy Conversion Devices sees profits soar, signs thin-film solar PV deal with Marcegaglia - 10 November 2008
SOLON AG für Solartechnik (ISIN DE0007471195) has said that it has made
a major new investment in Blue Chip Energy GmbH, raising its stake in
the Austrian solar cell manufacturer from 19 percent to 47 percent.
SOLON made the deal via a non-cash capital increase by issuing 327,000 shares in SOLON AG and stated that it would make further investments in Blue Chip at a later date.
SOL Holding AG is a joint venture to invest strategically in companies of the solar value chain. SOLON AG owns 48 percent of this venture, with the remaining shares being held by Ecoventures B.V., Utrecht.
Ecoventures B.V., on its part, will integrate its 60 percent shareholding in the French silicon production company Silicium de Provence in SOL Holding AG.
