Silfab secures funding and major supply contract with Sino-American Silicon

Facebook
Twitter
LinkedIn
Reddit
Email

Italian, high-grade (9N) polysilicon start-up, Silfab S.p.A., has secured a €30 million investment in the company from Sino-American Silicon Product Inc. (SAS), a Taiwanese manufacturer of polysilicon wafers for use in both photovoltaic and semiconductor industries. Silfab has also entered into a 500MT per annum polysilicon supply deal with SAS that will start in 2010 and last six-years.


“With this investment, we have met our initial capital-raising goals, and are squarely on track to meet our original project schedule.” said Franco Traverso, Silfab Chairman and CEO. “Silfab is building strategic relationships with partners who truly understand the PV industry, and who will support our growth in very meaningful ways.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Pan Asia Solar, had invested the initial €54 million in Silfab, which in addition to the €30 million invested by SAS, brings the total equity capital raised to €84 million. Production of up to 5,000 metric tons per year is the target, starting in late 2009.

 

Read Next

July 11, 2025
Sabanci Renewables, the North American subsidiary of Turkish conglomerate Sabanci Holdings, is building a 156MWdc solar project in McLennan County, Texas.
July 11, 2025
Renewable electricity generation has grown more than twice as fast as total global electricity generation since 2012, according to the International Renewable Energy Agency (IRENA).
July 11, 2025
Indian independent power producer (IPP) Juniper Green Energy has commissioned an additional 71MWp at Chapalgaon Solar Project in Solapur, Maharashtra.
July 11, 2025
The Asia Pacific (APAC) region has accounted for 69% of the 589GW solar PV inverters shipped in 2024, according to a report from analyst Wood Mackenzie.
Premium
July 11, 2025
Analysis: A presidential executive order issued on Monday tightening up project start rules is causing concern among developers.
Premium
July 11, 2025
According to the latest pricing data from the Silicon Industry Branch, released on 9 July, the transaction price range for n-type dense polysilicon has oscillated between RMB34,000-38,000/ton (US$4,741-5,299/ton).

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK