Photovoltech also announced a further investment of E45 million to increase total production capacity to 140MWp by 2009. Around 60 jobs will be created and the building costs will total E30 million.
Christophe Margerie, CEO of Total, said: Ambitious photovoltaic solar energy plans are critical for the planet. Photovoltech is one of the pillars on which we intend to build a world-class business across the entire photovoltaic solar energy chain.
Gerard Mestrallet, chairman and CEO of Suez, added: Renewable energies are a priority for Europe and for Suez. They will help to respond to the key challenge of the future—delivering reliable, environmentally friendly, competitively-priced energy. Photovoltech’s solar energy expertise is an invaluable asset for our group.
