Oct 04 2011 |
more articles from
|
Qatar Solar Technologies to build US$1bn polysilicon plant
8,000 MTPY polysilicon plant to be built in Ras Laffan Industrial City , Qatar
Total project investment of approximately US$1bn
EPC contract awarded to Punj Lloyd Group
QSTec 's plant will manufacture 8,000 MTPY (metric tons per year) of high-purity solar grade polysilicon and is scheduled to commence operations in 2H 2013. The site, chosen with future expansion in mind, is located on 1.2 million square meters of land in Ras Laffan Industrial City in the north east of Qatar, the heart of Qatar's LNG (liquefied natural gas) refineries and exports.
Driven by Qatar's long term vision for sustainability, QSTec aims to leverage the country's natural resources and advanced research facilities to manufacture and develop solar technologies locally that will benefit not only Qatar, but will make a positive impact in protecting the environment globally.
"In Qatar we have been blessed with energy both above and below surface. We have tapped the energy below the earth through our LNG exports and now we are looking to the sun with a vision to tapping its unlimited potential," he said.
Launched in 2010, QSTec is a joint venture company formed between Qatar Solar (a wholly owned subsidiary of Qatar Foundation for Education, Science and Community Development), SolarWorld AG and Qatar Development Bank. It is the first major investment in the renewable energy sector made by Qatar Foundation , underscoring the organization's commitment to support Qatar's transformation from a hydrocarbon-based economy to a knowledge and innovation-based economy.
The contract to deliver technology and equipment had been awarded to leading German solar company centrotherm photovoltaics AG in March 2010.
-Ends-
About
Qatar Solar Technologies
:
Qatar Solar Technologies
(
QSTec
), with a vision to become a world leading integrated solar energy company is a joint venture formed between Qatar Solar (a wholly owned subsidiary of
Qatar Foundation
for Education, Science and Community Development), SolarWorld AG and Qatar Development Bank. Qstec's polysilicon manufacturing plant, located in
Ras Laffan Industrial City
, will initially produce 8,000 MTPA polysilicon for use in the solar industry before vertically integrating along the solar value chain.
QSTec
's has acquired the advanced second generation technology for solar grade polysilicon production from Centrotherm Photovoltaics of Germany.
www.qstec.com.qa
About Punj Lloyd:
Punj Lloyd (BSE SCRIP ID: PUNJLLOYD, NSE SYMBOL: PUNJLLOYD) The Punj Lloyd Group is a diversified international conglomerate offering EPC services in Energy and Infrastructure along with engineering and manufacturing capabilities in the Defense sector. Known for its capabilities in delivering mega projects "on time," thereby ensuring repeat customers, the Group possesses a rich experience of successfully delivered projects across the globe, while maintaining the highest standards of health, safety, environment and quality (HSEQ). Further information about the Group is available at www.punjlloydgroup.com.
For more information please contact:
Craig Field
Corporate Communications Specialist
Qatar Solar Technologies
Email: cfield@qf.org.qa
Phone: +974 4454 6668
© Press Release 2011
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment