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Innotech Solar ASA
Rombaksveien 47
P.O.Box 183
NO-8503 Narvik
Norway
Phone:
+47 76 92 26 00
ITS has started an investment program in Halle
Innotech Solar will be the first settler in this industrial area in Halle (Saale), Germany, a city of 234,000 citizens. With this, ITS gives a further boost to the international expansion program, and becomes a member of Germany’s excellent photovoltaic (PV) industry.
"Germany provides us with the ideal conditions to strengthen our business activities. A thriving photovoltaic industry cluster and outstanding infrastructure here are essential for us. We are sure the Halle site gives us a unique competitive advantage that will allow us to continue our company's extraordinary growth", says Thor Christian Tuv, CEO at Innotech Solar.
The land was selected after a long process with many good alternatives. The proximity to the Leipzig-Halle airport and a direct connection to the German Autobahn connect the site to a good logistic infrastructure. The country's market size also makes it an attractive location. Germany has the highest concentration of photovoltaic companies, suppliers, and research institutes, and posted over EUR 9.5 billion in revenues in 2008.
Innotech Solar was assisted in the investment process by Germany Trade & Invest and the Investment and Marketing Corporation (IMG) Saxony-Anhalt.
15th February 2010
