The news comes as the company announces that it has found a new investor to help increase its production capacity to 500 megawatts (MW) over the next three years. The company now has a total of 50 million in financial resources to achieve this.
Isofotón says it is now able to reinforce its ambitious business project with a commercial strategy based on continuing to consolidate its position in key markets such as Germany, Italy, Spain and France. In addition, the company will expand its international position in new markets, such as those in Asia and the USA.
The new investor, Consortium Affirma-Toptec, will help the company to drive its industrial and technological project.
In a statement released by the company, it said: This contribution represents a significant boost for the company that will enable it to tackle this new project on a strong financial footing.
The new strategy will call for industrial reinforcement, and the roadmap involves increasing production capacity to 500MW over three years.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.