ISOFOTON calls to create a technology framework to maintain European leadership in PV sector

Ángel Luis Serrano, the Isofoton CEO, highlighted this point during the APVIA PV 2012 International Exhibition that is taking place this week in Singapore----- Serrano confirmed ISOFOTON's commitment to investment in R&D and employment, supported by important international partners such as Samsung----- Serrano confirmed that opening the Chinese market to foreign investors is of crucial importance

Singapore, 23rd October 2012 – ISOFOTON, world leader in solar technology, has actively participated in the APVIA PV 2012 International Exhibition, an important event that attracts corporate executives in the solar sector in Asia, which is being held this week in Singapore. Angel Luis Serrano, President of ISOFOTON, participated today in a specific panel where he called for the creation of a specific operating network in the technological field, to maintain European leadership in the PV sector.

According to Serrano, there is a need for a "solid operating framework in the technological field, considering the enormous investments made to date in Europe in research and development in the photovoltaic industry". In this respect, he confirmed that "ISOFOTON is a global company competing in the global marketplace, maintaining its investment in R&D and employment with the backing of important international partners such as Samsung which, in collaboration with the regional government of Andalusia, has invested 50 million euros in our Malaga plant, our corporate headquarters".

He highlighted the example of the US and China as "markets that are fully aware of the key role played by the photovoltaic industry in their countries' competitiveness, so they are fully supporting the sector, a model to be followed by Europe, which has to continue supporting the photovoltaic industry". With regards to the challenges facing the Chinese photovoltaic sector, he confirmed that "China has made a great effort to cut costs for the business, but the next challenge is to open the market to foreign investors in order to compete on a global market in equal conditions". In this respect, he confirmed that ISOFOTON is a global company competing in the global marketplace, so we take our business to wherever our clients are"
At this event, Ángel Luis Serrano was able to discuss matters with important corporate representatives from the Asian solar sector, such as Peng Fan, CEO of JA Solar Holding Co, Charles Gay, Chairman of Applied Material Inc., Deepak Puri, Co- President of the Renewable Energy Committee of the Confederation of Indian Industry (CII) and Chairman of Moser Baer India and Christophe Inglin, Managing Director of Phoenix Solar.

Isofoton, which has developed and supplied solar 1,000 projects in 60 countries is one of the largest investors in research and development in the photovoltaic sector, and is currently participating in 14% of the solar energy projects under development in Europe within 2010-2014 period according to EU data.

ISOFOTON is a global company present in more than 60 countries. It is a pioneer and leader in the design, manufacture and supply of solar energy solutions, and is committed to the planet's sustainable development. The company focuses on the technological areas of photovoltaics and high-concentration photovoltaics.

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