Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

First Solar to Expand German Plant
Jun 2010
FRANKFURT, Germany, June 11, 2010 — First Solar, a sustainable energy solutions company that manufactures photovoltaic modules, announced its intent to expand its German manufacturing plant in Frankfurt, doubling local production capacity and creating several hundred new jobs.

The company, which already employs more than 600 associates in Frankfurt, is in advanced talks with the German regional and federal authorities to obtain the necessary regulatory permits and financial framework for the expansion.

The expansion would be the first major foreign direct investment in the German green technology sector this year. It would double the annual capacity of the Frankfurt manufacturing plant to around 446 MW by the fourth quarter of 2011 from 223 MW today to serve the strong European customer base.

The expansion also helps the company increase its natural income hedge against euro/dollar exchange rate risk by producing more in Germany for European customer demand.

The German state of Brandenburg welcomed the announcement by First Solar and described it as an endorsement of its strategy to further expand the production of renewable energy.

For more information, visit: 

BusinessenergyEuropeFirst SolarFrankfurtGermanygreen photonicsgreen technologyindustrialphotovoltaicsrenewable energysolar cellssustainable energy

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.