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Tuesday, September 06, 2005

Germany: Both Q Cells and Sunline AG offering solar energy IPOs

European photovoltaic solar cell producer Q Cells said today that the company is planning to significantly expand its cell production capacity. To facilitate this, the company wants to go public in October, 2005.

Last year, Q-Cells manufactured 76 Megawatts of solar cells, up from 9 Megawatts three years earlier. At the moment the German company runs three solar cell manufacturing plants. "In addition, we are currently building the largest European solar cell factory," said CFO Hartmut Schuening.

Read Q-Cells IPO info Click Here and here on Q-Cells.com



Also, Sunline AG expects to raise around EUR7 million by listing up to 1.5 million shares on the Frankfurt Stock Exchange's regulated unofficial market. Read the full story here on Morningstar.com and keep tabs on this emerging solar energy player through the company website, SolarTechnik.de

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