Siemens Energy has increased its stake in solarthermal specialist Archimede Solar Energy SRL, a joint venture betweenAngelantoni Industries SPA and Siemens, from 28% to 45%, effective May1. The purchase price of the shares was not disclosed.
Theobjective of the investment is to accelerate the setup of solar receiver production in Massa Martana, Umbria, Siemens says. Beginning in early2011, the plant will have an annual production capacity of approximately 75,000 solar receivers. The plant’s capacity will then be increased to140,000 units per year.
Krayden Offering Dow Corning PV Frame Sealant
Abengoa Receives DOE Award For Power Tower Research
You may also like
23 NovSolar Industry
The Boeing Co. says that Spectrolab, a wholly owned subsidiary, hasstarted mass production of its ...
19 NovSolar Industry
Main Street Power Co. Inc., a national solar developer, has launched afree energy pilot program ...