A successful initial public offering on the Istanbul stock exchange this year proved that a business model with an emphasis on solar cell and module manufacturing outside of China or Southeast Asia can find the backing of institutional investors. The landmark finance deal gives fresh shine to the ongoing discussions about the chances of re-establishing the crystalline silicon solar value chain in Europe.
Technology developments, including half-cut cells and bifacial modules, were central to Smart Solar’s move into manufacturing.
Image: Smart Solar Technology
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