SolarWorld AG (ISIN: DE0005108401) has established a joint venture for silicon production with Dutch company Scheuten Solarholding B.V.
The 50/50 venture build a high purity solar silicon manufacturing plant with an initial annual capacity of 1,000 tons.
“In the course of our consistent group-wide growth we are opening up an additional raw material source with this new technology,” says Dipl.-Ing. Frank H. Asbeck, Chairman and CEO of SolarWorld AG. “By building the first industrial scale silicon production facility in Saxony we are at the same time increasing our vertical integration in Freiberg.”
The plant will be built on 20,000 square meters of land near existing silicon recycling activities and the logistics center of the SolarWorld Group. Explains Prof. Dr. Peter Woditsch who will manage the joint venture, “Our Solar Material division has for years been successful in the reprocessing of raw materials for wafer production and will support the Joint Venture with its technology and know-how.”
SolarWorld operates another raw material JV, Joint Solar Silicon, with the chemicals group Degussa, which is currently building an industrial scale production site for the generation of solar grade silicon from a feedstock material called Silan at Rheinfelden.
About SolarWorld AG:
The SolarWorld Group is among the three largest solar power companies in the world. The group is involved in all stages of the solar value chain, from the raw material silicon to turn-key solar power plants. The company operates production facilities in Germany, Sweden and the United States. In the United States, SolarWorld AG is the leading producer and provider of solar power technology.
In Freiberg, Saxony, the group operates one of the world’s most advanced integrated solar production facilities where the SolarWorld Group turns solar grade silicon into high quality solar wafers, solar cells and solar modules.
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