The joint-venture – known as PV CIStems – will be headquartered near Munich, and its board members will be split evenly between the two companies, including Belectric chief executive Bernhard Beck and Wolfgang Lange, managing director of Solar Frontier Europe.
Solar Frontier, which is owned by Japanese oil and gas company Showa Shell, is the world’s largest maker of thin-film PV modules based on copper, indium, selenium (CIS) technology – having last year opened a 900MW factory in Japan.
Belectric
