Innotech Solar (ITS) has now begun constructing its new solar cell production site located in the Eastern German city of Halle, laying the first foundation stone on October 27. The facility is expected to initially create 80 new jobs in the region, with plans to increase the number of employees as the site progresses. Innotech Solar was assisted in the investment process by Germany Trade & Invest and the Investment and Marketing Corporation (IMG) Saxony-Anhalt.
Innotech Solar CEO Thor Christian Tuv said, “Germany provides us with the ideal conditions to strengthen our business activities. A thriving photovoltaic industry cluster and outstanding infrastructure here are essential for us. We are sure the Halle site gives us a unique competitive advantage that will allow us to continue our company's extraordinary growth.”
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