Alfa Solar shares jump on JV agreement with Astroenergy
17/11/2025 07:22
** Shares in Turkey's Alfa Solar Enerji Sanayi ve Ticaret ALFAS.IS rise almost 10% after the solar panels maker agreed to establish a JV with Germany-based Astronergy Europe ** Alfa Solar will invest about $200 million in Phase 1 to build an integrated wafer/cell manufacturing facility starting from ingot slicing, with an initial annual capacity of 2.5 GW ** "We view the news positively due to its strategic capacity expansion and strengthening of domestic production infrastructure," brokerage Global Menkul Degerler says ** The stock sits among the top performers on the main BIST 100 index .XU100 (Reporting by Canan Sevgili) ((canan.sevgili@thomsonreuters.com))
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Alfa Solar shares jump on JV agreement with Astroenergy
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