CNBM, which has 180,000 employees and chalked up revenues of€30.8bn ($43bn) last year, says it will leverage its ownership of Avancis tobecome “intensely involved” in China’s solar-energy push.

CNBM plans to restart module production in Torgau, eastern Germany,where Avancis owns 120MW of capacity. CNBM will also continue to operateAvancis’s tech lab in Munich, calling further development of the company’s CIStechnology an “essential prerequisite” to its expansionplans, which will focus on Asia and Europe.