Concentrix Solar joins Transgreen Initiative

The Transgreen Initiative was recently developed to foster the development of a Trans-Mediterranean electric power transmission network within the Mediterranean Solar Plan. Joining with the initiative is Concentrix Solar, a division of Soitec. The company joins the initiative in order to help sustain the expected needs for electricity between the two sides of the Mediterranean.

“Transgreen is a perfect vector to support our activities in the Mediterranean area. We are looking forward to working with this ecosystem of companies and the countries of the Mediterranean region to demonstrate the value of CPV,” said Concentrix Solar CEO, Hansjörg Lerchenmüller. “We have an opportunity to make a significant contribution to the region’s energy needs for renewable energy sources and to export energy to European countries.”