Brief: Alfa Solar Signs Agreement With Astronergy Europe To Establish Integrated Wafer Manufacturing JV In Turkey
17/11/2025 05:13
Nov 17 (Reuters) - ALFA SOLAR ENERJİ SANAYİ VE TİCARET ALFAS.IS: SAID ON FRIDAY, IT SIGNS AGREEMENT WITH GERMANY-BASED ASTRONERGY EUROPE GMBH TO ESTABLISH A JOINT VENTURE IN TURKEY TO ESTABLISH A FACILITY TO MANUFACTURE INTEGRATED WAFER/CELL MANUFACTURING STARTING FROM INGOT SLICING WITH A INITIAL ANNUAL CAPACITY OF 2.5 GW PER YEAR TOTAL INVESTMENT FOR PHASE 1 IS EXPECTED TO BE APPROXIMATELY 200 MILLION USD FACILITY TO BE BUILT IN BALIKESIR ORGANIZED INDUSTRIAL ZONE SHAREHOLDING STRUCTURE OF THE ESTABLISHED JV, NAMED ASTRONERGY, TO BE 50/50 BEWEEN ALFA SOLAR AND ASTRONERGY EUROPE Source text for Workspace: nIKA8c5Hk Further company coverage: ALFAS.IS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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