Isofotón and Lancaster Group ink PV deal in Kazakhstan

  • Under a MoU, Isofotón will develop PV and polysilicon projects in Kazakhstan. Image: Isofotón.
    Under a MoU, Isofotón will develop PV and polysilicon projects in Kazakhstan. Image: Isofotón.

Spanish PV developer Isofotón and Lancaster Group, a Kazakhstan-based private company operating in several industries including energy, have inked a memorandum of understanding (MoU) to develop PV projects in Kazakhstan.

The MoU was signed by Ángel Luis Serrano, Isofotón’s President, and Nurzhan Janabekov, the CEO of Lancaster Group, on 25 February.

Under the MoU, Isofotón will develop PV and polysilicon projects in Kazakhstan. The company will also co-operate with Centesil, an independent research centre for polysilicon, in order to share its technology expertise and help the company to achieve vertical integration in its value chain.

Serrano stated that this agreement is a “key step in reinforcing our international presence, in this case on the Central Asian market, and reaching the integration of all the value chain within PV business, something capital nowadays and that demonstrates our strength and flexibility”.

The agreement is in line with Isofotón international expansion strategy. The company — which has 1,500MW of PV projects in the pipeline for the next two years — is aiming to strengthen its position in several emerging markets including Latin America and Asia. Recently, the company opened a new office in Singapore to drive its PV business in Australia and South East Asia.

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 23rd Edition

    This issue of Photovoltaics International, our 23rd, offers key insights into some of the technologies that are ready to move from lab to fab in support of these goals. ISC Konstanz offer a glimpse of what the low-cost, high-efficiency solar cells of the future might look like. On page 35 the institute’s authors give an overview of what they call Konstanz’ “technology zoo”, encompassing their so-called BiSoN, PELICAN and ZEBRA cell concepts, all of which are aimed at increasing energy yield at the lowest possible cost.

  • Manufacturing The Solar Future: The 2013 Production Annual

    In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.

Partners

Acknowledgements

Solar Media