Tag Archives: Asola

Quantum Fuel Systems Technologies Worldwide’s (QTWW) Partner Asola Will Enter Joint Partnership With Moroccan Company To Provide Solar Power In Morocco

According to MSN, Quantum Fuel Systems Technologies Worldwide, Inc. announced that Asola, its German partner, has entered into a joint partnership with Moroccan company Majdaline Holding. The two companies will join forces to build a solar power manufacturing plant. The plant will produce enough solar power modules to generate 30 MW of power each year, and has the potential to bring in $100 million annually.

From the article on MSN MoneyCentral, here are some … Read the rest

Quantum Fuel Systems Technologies Worldwide, Inc, (QTWW) Announces Manufacturing Deal

Quantum Fuel Systems Technologies Worldwide Inc announced a deal between Asola, the company’s German partner, and Q&Tech/Yongsan Inc, a South Korean manufacturing company. Under the agreement, Asola and Q&Tech will enter into a joint venture to build a manufacturing plant in South Korea. Q&Tech will then produce and distribute Asola’s German-designed solar components.

South Korea is a fast-growing solar market, and this deal allows Asola to market its parts there. The plant will conform to … Read the rest