Solar joint venture to target 30 MW capacity
by Gina Roos, Green SupplyLine. Irvine, CA, 15 Sept 2008
source: EETimes.com
http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=210601719
Quantum Fuel Systems Technologies Worldwide, Inc. has announced that its German solar photovoltaic partner, Asola Advanced and Automotive Solar Systems GmbH will establish a joint venture (JV) manufacturing plant in South Korea with Q&Tech/Yongsan, a high-volume manufacturer of electronic and automotive components in Korea. Under the Memorandum of Understanding, Asola will build a 30 megawatt (MW) solar production facility to manufacture and distribute German-designed solar modules in South Korea. Initial capacity is set at 30 MW, consisting or mono- and poly-crystalline silicon solar modules, with projected revenues in excess of $100 million annually. (more…)