French construction materials and solar equipment producer Saint Gobain has bought the remaining 70% of shares it did not already own in solar panel manufacturer Solarwood Technologies for an undisclosed sum. Solarwood Technologies manufactures PV roof tiles at its facility in Foetz, Luxemburg.
The plant has an annual capacity of 15MW, which Saint Gobain intents to increase to 30MW.
Read more here.
2010-02-10T12:00:00Saint Gobain Completes Takeover Of Solarwood Technologies glassonweb.com