Schmid Group to Establish a Fully Integrated PV Manufacturing Plant in Iran
The German PV equipment supplier Schmid Group announced this week that it has signed a Memorandum of Understanding with the Industrial Development & Renovation Organization of Iran (IDRO) to start a collaboration to establish a fully integrated photovoltaic manufacturing plant in Iran. The state of the art manufacturing facility will include the entire photovoltaics value chain, including the production of polysilicon wafers, solar cells and modules.
SCHMID Group will deliver technology, manufacturing lines and plants for setting-up one of the most advanced integrated PV manufacturing facilities worldwide. Starting with an annual production capacity of 200 MW, the project has the goal to expand the capacity to more than 1000 MW per year in the future.
Iran is progressing with its strategic plan to diversify the country’s energy resources by increasing the share of renewable energies in the country’s energy mix, putting major emphasis on technology ownership and highest degree of localization.
Highlighting the unique economic and development opportunities in Iran, specifically regarding energy supply and sustainable development, Dr. Mansour Moazami, Deputy Minister of Industry, Mine and Trade & IDRO Chairman of the Board said:
“As an industrial development organization, IDRO is leading establishments of new industries in Iran and has decided for investment in solar photovoltaics manufacturing value chain. Our investment is based on a technology transfer and development framework targeting local and global PV markets. We started a collaboration and signed the agreement with SCHMID Group due to their competencies and the state of the art technology ownership.”
Christian Schmid, President and CEO of the SCHMID Group, regards this agreement as another milestone for SCHMID Group in maintaining its position as the leading supplier of turnkey manufacturing solutions in emerging PV markets:
“We are proud to start collaboration with a respected organization like IDRO and consider this agreement as an excellent opportunity to establish a long term partnership in an important PV future market. The fully integrated manufacturing facility together with the excellent academic infrastructure in Iran will enable an ideal PV research and development hub in Iran and the joint R&D collaboration will be an integral part for our partnership with IDRO.”
Source: Press Release by Schmid Group. Image Credit: Schmid Group.
