Sharp produce solar cells with STMicroelectronics joint venture

According to reports, STMicroelectronics, Sharp and Enel Group, a subsidiary of Enel Green Power announced that it would form a joint venture in Italy to produce thin-film solar Dell latitude d600 battery .

Sharp plans to extend the clean energy business, and reduce production costs. Sharp and the Italian utility company Enel in 2008 announced its intention to produce thin-film solar Dell inspiron 1721 battery with European manufacturers , but it did not specify which company.

Sharp said in a statement, in addition to bank loans, the joint venture of the three investors will investe to the solar Dell inspiron e1505 battery project of up to 70 million euros. Three investors will each hold one-third of the joint venture interests.

The joint venture plans to begin early in 2011 STMicroelectronics plant in Sicily, solar Dell latitude d510 battery, an initial annual capacity is 160 megawatts, and then gradually increase to 480 MW.Sharp and Enel Green Power will set up another joint venture, using the above joint venture to produce solar panels to generate electricity. Sharp said that before the end of 2016, its joint venture with Enel Green Power's total capacity will exceed 500 MW power plant.