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

June 23, 2025
Waaree Energies will relocate its proposed 6GW vertically-integrated manufacturing facility for ingots, wafers, cells, and modules in India.
Premium
June 23, 2025
As solar plants age, the possibility of voltage collapse increases. Thomas Mart and Jeetu Jangle of Solarlytics examine the problem.
June 23, 2025
China notched up close to 100GW of new PV in May, in the processes surpassing a terawatt of cumulative installed capacity, figures show.
June 23, 2025
Solar project developer Cero Generation has started commercial operations at its 48MW Castrum agrivoltaics (agriPV) project in western Italy.
June 23, 2025
Q Energy and Velto Renewables have inaugurated Europe’s largest floating solar power plant in the Haute-Marne region of France.
June 23, 2025
The volume of power purchase agreements signed in May has registered a low of 280MW, according to Swiss consultancy Pexapark.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico