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Jun 17th, 2013
 
CEEG cancels order to construct fully integrated solar module factory in Algeria
 
With a letter dated June 13, 2013, CEEG, a subsidiary of Société Nationale de l’Electricité et du Gaz (Sonelgaz), has notified the consortium consisting of centrotherm photovoltaics AG and Kinetics Germany GmbH that it is cancelling the contract to construct a fully integrated solar module factory in Algeria.
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  • The original project volume amounted to around EUR 290 million.

The original project volume amounted to around EUR 290 million. The company is examining the effectiveness and significance of this cancellation.


 
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