Two German firms, Schott Solar and WACKER Chemie AG have just formed a joint venture called Schott and Wacker. And while this is horrible news for me, as that happens to be the name of the professional killer's firm in my latest made-for-tv-movie script, it is great news for everyone else.
The alliance between the solar company and the advanced chemical manufacturing firm is culminating in a $500 million investment in solar manufacturing plants that will be producing roughly 1 gigawatt of capacity every year starting in 2012.
Wacker Chemie, as you might expect, makes polysilicon, which is necessary to create both solar panels and computer chips, and so is in extremely short supply right now. An alliance between a polysilicon maker and a solar power firm is huge news, and will ensure that Schott solar has plenty of capacity to continue supplying Germany's explosion in demand for solar cells.
Now if we could only get some deals of that scale here in the States...
Check out the full release at Schott's website
written by Oliver, August 03, 2007
written by Solar Panels, September 06, 2007
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