China’s Hanergy to buy German thin-film firm Solibro

05 June 2012 17:17  [Source: ICIS news]

LONDON (ICIS)--China’s renewable energy firm Hanergy has agreed to buy Germany-based thin-film producer Solibro for an undisclosed sum, the companies said on Tuesday.

Hanergy is buying Solibro from Q.CELLS, a German photovoltaic firm that filed for insolvency earlier this year.

Solibro produces thin-film solar modules using copper indium gallium diselenide co-evaporation technology. It employs a staff of 430 at two plants.

By: Stefan Baumgarten
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