SCHOTT Solar Plans Aggressive Expansion of U.S. Solar Business

25-Sep-2007

Schott Solar made a major commitment to the U.S. solar power market, as it announced plans to build a new photovoltaic (PV) manufacturing facility that will increase its domestic PV production by more than 60 MW. SCHOTT Solar is currently evaluating locations for the new facility, which is scheduled to go online in 2009.

In addition to producing solar PV modules, the new facility will be designed to produce receivers for concentrated solar power (CSP) plants. This will provide SCHOTT with the ability to begin producing solar receivers at the facility if the market develops as the company anticipates.

Anticipating future production increases of its solar power technologies, the new site will be built to support later expansion of both SCHOTT's PV and its solar receiver lines as the US renewable energy market continues to grow.

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