Solar Panel Makers Mulling EUR 3 Bln Investments In Hungary

Seven leading international solar panel makers have expressed interest in investing in Hungary, with projects totaling EUR 3 bln, Hungary's Economy Minister Janos Koka announced late Thursday in Washington D.C, without naming the potential investors.

"Investment and Trade Development Hungary (ITDH) [a state-run organization responsible for attracting foreign investment] is currently negotiating with seven top solar panel makers on investments worth a combined EUR 3 bln that would create a total of 5,000 new jobs," according to a statement on the ministry's website.

Solar panel production projects need special technologies, therefore they cannot easily be moved to other countries and are likely to remain in Hungary for the longer term, Koka said.

Read the entire story on the source link below.

600450 Solar Panel Makers Mulling EUR 3 Bln Investments In Hungary
Date: 28 June 2007

Others also read

Dubai Investments showcases innovative, coloured solar photovoltaic panels from Emirates Insolaire at WETEX
Sunpartner Technologies and Avancis announce their strategic partnership in energy-producing solar glass based on Avancis´ CIGS thin-film technology.
Onyx Solar© will present their newest solutions, including samples of the world’s first walkable photovoltaic floor.
Having already made significant advanced features in the field of solar panel technology for use in the desert, J. v. G. Thoma is setting its sights on realising new visions that could offer even more drastic performance improvements in the future.
Glass panels are as beautiful as the view that they allow to be seen. Almost all home or structure owners pick this so they can see the scenery below or around, while providing energy-saving daylight in a room.
Onyx Solar received an award for the most sustainable material at the WSSET INNOVATION AWARDS 2016.

From industry

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/

Add new comment