Solar Energy                                          

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Solar Energy

The «Solar Energy» company is first industrial scale alternative energy project in Russia.

The project goal is foundation of a vertically-integrated business that involves production of efficient and high-grade PolySi-based components with making them further on into PV systems as well as implementation of marketing and distribution.

The «Solar Energy» strategy includes:

-&Become the lowest-cost producer in the global markets, using Russia’s competitive advantages.

- Tap into global unfulfilled demand.

- Build, own and manage facilities integrated into upstream, midstream and downstream.

- Involve a top-class Western partner to ensure international scale.

The «Solar Energy» holding includes two production lines in Russia:

- PolySi production unit in OAO Silan’s premises near Lipetsk (south-central Russia) with annual capacity of 1,000 tons to start production in Q1, 2009. Approx. 100 t. of annual production of PolySi will be allocated for the Ryazan plant. The remainder will be sold in the global (mainly West-European) markets.

- Cells production unit in the plant in Ryazan (east-central Russia) with annual capacity of 10,08 MW to start operation in Q2, 2008. In the first 18 months the feedstock (PolySi) for the production of cells will be purchased from a third party.