Manz and unnamed cooperation partners to form R&D company for CIGSfab

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The CIGS line, located in Germany’s south, is the prototype for the Manz CIGSfab that it is still hoping to sell.

Despite years of perseverance, German equipment supplier Manz, has not been able to sell one of its CIGSfabs. It will now spin off an R&D company to operate the CIGS facility, The new company, formed in partnership between Manz and unnamed third parties, will cover the costs stemming from keeping the CIGS facility running.

Manz would not provide the name nor location of Manz’s cooperation partner to pv magazine. Nor would it be drawn as to whether it Shanghai Electric. The Chinese electrical giant entered into an agreement with Manz in February to take a 29.9% stake in the Germany company.

Under the agreement, Manz advised that Shanghai Electric intends to purchase a CIGSfab, although there have been no further developments on this front communicated.

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