29 Dec '14, 4pm

Solar Systems, SCHMID Group and Pekintas Group partner on Russian solar venture: Trio establish long-term part...

Solar Systems (Russia), SCHMID Group (Germany) and Pekintas Group (Turkey) signed an agreement for establishing a new cell and module manufacturing line in SEZ (special economic zone) Alabuga, Russia, with the annual capacity of 200MWp to be commissioned in two phases. Under the terms of the arrangement, SCHMID and Pekintas will act as the general contractor for setting up the manufacturing lines, building and facilities. With this project SCHMID and Pekintas are extending their existing collaboration in PV manufacturing, started with SCHMID-Pekintas in 2012, a Turkey-based joint venture. "Solar Systems has a leading position in Russia's emerging PV market, and we are proud to be the technology partner of Solar Systems," said Christian Schmid, president and CEO at the SCHMID Group. "As a result of our partnership with Pekintas we are able to support our customers with reli...

Full article: http://www.renewableenergyfocus.com/view/40973/solar-syst...

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