Brief: Valoe: Cell Deliveries From Lithuania To Customers To Start On Planned Schedule

Valoe Oyj

27/05/2020 09:19

May 27 (Reuters) - Valoe Oyj  VALOE.HE :
    * BELIEVES IBC CELL PLANT INVESTMENT AND CONSTRUCTION
PROJECT,
MOST IMPORTANT PROJECT FROM CO'S STRATEGIC POINT OF VIEW, WILL
BE SUCCESSFUL
    * ESTIMATES THAT IT WILL BE ABLE TO MANUFACTURE IBC CELLS IN
VILNIUS WHOSE QUALITY WILL MEET REQUIREMENTS SET FOR CELLS BY
VALOE'S CUSTOMERS.
    * WILL IN JUNE 2020 BEGIN, AT SOLAR MODULE FACTORY IN JUVA,
PILOT
PRODUCTION OF MODULES INCLUDING IBC CELLS MADE AT VALOE'S
LITHUANIAN PLANT
    * FIRST CELL DELIVERIES TO CUSTOMERS ARE CURRENTLY EXPECTED
TO
BEGIN IN LATE SUMMER 2020
    * FIRST IBC TEST CELLS MANUFACTURED AT VALOE'S PLANT IN
VILNIUS
MET SET QUALITY STANDARDS
    * CELL DELIVERIES FROM LITHUANIA TO CUSTOMERS WILL START ON
PLANNED SCHEDULE

Source text for Eikon:  ID:nGNE4z2crg 
Further company coverage:  VALOE.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))