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Masdar, Colexon in solar module tie-up
- United Arab Emirates: Wednesday, December 10 - 2008 at 11:46
Abu Dhabi Future Energy Co is investing $600m in two factories that will be run by Colexon Energy, a German company that is building the world's largest thin-film solar rooftop, reported Bloomberg. The partnership guarantees Colexon delivery of modules with a peak capacity of more than 150 megawatts until 2013, the Hamburg-based company said in a statement. Masdar PV GmbH, a wholly owned subsidiary of Abu Dhabi Future Energy, will build and operate a 70-megawatt plant in Erfurt, Germany and one twice that size in Abu Dhabi.
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Jeff Florian, Senior ReporterWednesday, December 10 - 2008 at 11:46 UAE local time (GMT+4)
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