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
was
founded
in
early
2011
via
the
merger
of
Beck
Energy,
the
German
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