Monday, May 5, 2008

Oerlikon Solar wins turnkey thin-film PV module deal from Baoding Tianwei (OERLF.PK, 600550)

From PVTech:

Oerlikon Solar and Chinese company Baoding Tianwei have inked a deal for a turnkey thin-film PV module production line in Bao Ding, China. The comprehensive agreement will see the provision of all production equipment and testing facilities, which will be shipped in the next few months and installed by Oerlikon Solar. Initial production capacity for the line will be 46.5MWp per annum.

“With this major order we expand our footprint in Asia entering one of the most attractive solar markets worldwide,” said Dr. Uwe Kr├╝ger, Oerlikon CEO.