Energy Conversion Devices (ENER) Will Build Manufacturing Facility In France

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09:15:27 am on January 15, 2010

Energy Conversion Devices just announced that it will build a 30MW solar laminate manufacturing facility in France. The company has not settled on a site yet, but is considering locating the facility in Alsace.

In a press release, Mark Morelli, ECD’s president and chief executive officer, explained the decision:

“France is one of the world’s fastest growing and most progressive solar markets. It has expressed its long-term support of alternative energy in the Grenelle de l’environnement objectives, and the recent change to its feed-in-tariff structure establishes a sustainable foundation to meet those objectives…We relocated our European headquarters to Paris last year, and believe it is now an excellent time to locate manufacturing in this market close to our channel partners and customers. With the new tariff structure resolved, and the high concentration of low-load bearing buildings that are ideally suited for our lightweight and low impact UNI-SOLAR solutions, we see growing demand for our solar products in France. We look forward to working with French officials to identify the right support to realize this project, and to create local jobs in both research and development and manufacturing.”

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