Siemens Solar and Shell Renewables in negotiations on closer co-operation in photovoltaics

11-Dec-2000
Siemens Solar GmbH and Shell International Renewables Limited (Shell) announced today that they have entered into negotiations on closer co-operation in solar energy. For over 10 years Siemens Solar and Shell have been linked through two joint ventures in Asia. Now exclusive discussions are being held to determine how the co-operation can be expanded through a joint venture of their respective global solar businesses, a move seen as having mutual benefit in improving their position in photovoltaics. Siemens Solar GmbH is a joint venture of Siemens AG and E.ON Energie AG. In terms of total output installed, the company is a world leader in solar systems. Siemens Solar sells its products in over 90 countries and employs about 600 people. Shell is involved in the manufacturing and marketing of solar photovoltaic cells, modules, systems and services. Manufacturing facilities are operated in Germany, the Netherlands, India and Japan. Sales and marketing operations have been established in Germany, the Netherlands, India, Sri Lanka, the Philippines and South Africa.

Other news from the department

Most read news

More news from our other portals

Discover the latest developments in battery technology!