European Commission OKs aid for German solar energy plant

The European Commission has authorized E76 million of aid, which the German government intends to grant to Conergy over three years to construct a new production plant for solar energy modules in Frankfurt (Oder).

The project, which will be spread over three years (from 2006 to 2008), is aimed at producing solar energy modules that make it possible, as the main part of an integrated solar energy system, to convert sunlight into electricity.
Energy Business Review