January 6, 2010

Sharp, Enel Green Power and ST Microelectronics Establish Thin-film Joint Venture

Rome, Italy [RenewableEnergyWorld.com]

Sharp, Enel Green Power (EGP) and STMicroelectronics (STM) have signed a joint venture agreement for the production of thin-film solar cells. Sharp and EGP also signed a joint venture agreement for independent power producer business. Following expected approval of the joint ventures by the EU Commission the three companies will establish joint venture companies respectively by the end of March 2010.

The cells produced in this plant will be marketed mainly in Europe and the Mediterranean area through the sales networks of Sharp and EGP.

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