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Conergy AG acquires shuttered Communicant fab for fully integrated solar production |
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Nov 13, 2006 at 04:59 PM |
Conergy AG, a leading solar wafer energy manufacturer with headquarters in Germany, has purchased the 200mm designed fab of the defunct Communicant Semiconductor Technologies AG pure-play SiGe foundry that became insolvent during the construction of its first fab, located in Frankfurt (Oder), 50 miles east of Berlin in the state of Brandenburg, Germany, in 2003.
Hamburg-based Conergy AG is planning to invest €250 million in what it
claims is the world's first fully integrated mass volume solar wafer
facility. Upon production ramp, which is expected in the third quarter
of 2007 and is said to be capable of 250MW module production, over
1,000 new jobs will be created. By 2008, a production capacity of 300MW
for wafers, 275MW for cells and 250MW for solar modules is planned,
according to the company.
The 200mm designed fab was originally built by MW-Zander for Communicant, who was an investor in the failed foundry. The cleanroom construction company will become the general contractor for Conergy's conversion of the facility.
The purchase price was not disclosed, nor was the degree to which Conergy would receive State incentives for the project that is in a high unemployment region of the country.
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