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NewsWhore
12-04-2006, 04:40 PM
One of the world's leading solar energy companies is opening two factories in the Dominican Republic with an initial investment of more than EUR100 million and plans to invest as much as EUR1.0 billion over the next ten years.
The president of the National Energy Commission, Aristides Fernandez Zucco announced that Isofoton, the world's fifth largest manufacturer of solar products, and the largest in Spain, plans to install two factories in Haina, just south of Santo Domingo. The company, known as IsoTecsol-RD in the Dominican Republic, makes photovoltaic cells for electricity and solar water heaters. The new plant will produce the photovoltaic plates needed for energy production. Construction is scheduled to start in January 2007. The second facility will be installed in Las Americas Cyber-Park.

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