Armor Group buys 20% stake in French PV startup Holosolis



Holosolis is planning to build a 5GW solar module assembly plant in Sarreguemines. Image: Armor GroupFrench chemical manufacturer Armor Group has acquired a 20% stake in PV manufacturing startup Holosolis.

Neither Armor Group nor Holosolis disclosed the amount of investment. After the acquisition, Armor Group will have a seat on the supervisory board alongside other shareholders including EIT InnoEnergy, IDEC group and TSE.

(The above content is reproduced from pv-tech,By Simon Yuen)


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