Shell
11/27/2006 1:01:13 PM
WebWire Related Industries
• Architecture/Construction/Building
• Business Announcements
• Environment
• Oil/Energy
27/11/2006 – Shell Erneuerbare Energien GmbH (’Shell’) and Saint-Gobain Glass Deutschland GmbH, announce their joint venture to begin solar power panel manufacturing based on advanced CIS (copper indium di-selenide) technology. The joint venture was recently approved by the European Commission.
The new entity AVANCIS KG will commence construction of the production facilities with operations likely to commence in 2008 in line with current notification procedure. The initial annual capacity of the plant will be 20 MW with options for rapid expansion. When built, the plant will manufacture solar panels, which when installed would power an equivalent of around 6,000 European households additional per year with clean energy. Generating the same amount of electricity from a coal-fired power plant would release about 14,000 tonnes of CO2 per year. read more
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