Greek Parliament approves HelioSphera’s €30 million subsidy application

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HelioSphera’s expansion has received a boost with the news that the Greek Parliament has approved its subsidy application for €29,879,500. The subsidy will fund HelioSphera’s €180,000,000, 60MW production facility in Tripolis, Greece, which is expected to begin mass production in 3Q09.

The company was recently tapped for at least 9MW of micromorph thin-film modules by Italian photovoltaic module and component distributor Tecno Spot between 2009 and 2010.

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