Release date: 2 August 2007
Promoter – Financial Intermediary
Thin Film Solar Technologies SA (Pty) Ltd.
Mr Johan Buys Project Manager
Telephone (landline): +27 21 863 0623
Telephone (mobile): +27 83 769 7960
e-mail: johan.buys@gmail.com
Location
Description
Establishment of a start-up photovoltaic (PV) modules manufacturing facility, consisting of a production line with an annual capacity of 30 MWp.
Objectives
The project is expected to foster the international competitiveness in the global PV-industry and to contribute to decreasing the cost of PV-generated electricity down to market price parity over time. It indirectly contributes to the EU policies in the development of renewable energy technologies, sustainable energy production and climate change mitigation.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million.
Total cost (Approximate amount)
EUR 80 million.
Environmental aspects
Production of semiconductors, which includes photovoltaic cells, is not listed in the EIA Directive 97/11. In South Africa, for all industrial projects, a base EIA needs to be prepared and presented to the concerned Environmental Ministry of the Province. The Ministry then decides if a full EIA is required or if supplementary information to the base EIA will be sufficient. The promoter has engaged a specialised environmental consultancy company to prepare the EIA for the project.
Procurement
Procurement will be in accordance with the Bank’s Guide to Procurement.
Status
Signed - 10/12/2008
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).