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Endesa And Isofoton Plan To Invest In Polysilicon Factory

Written on July 5, 2006

Forbes.com reports that Endesa SA and Isofoton plan to invest approximately $320 Million in a new polysilicon factory to be located in Cadiz, Spain.

Polysilicon is used to make solar panels and other electrical components. When completed, the facility will be amongst the world’s largest, producing 2,500 tons of polysilicon per year. World polysilicon demand is expected to grow to as much as 150,000 tons in 2015.

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