Virasa Technologies Inc. and Calensia BV have formed a joint venture, SilicoTek BV, to carry out a planned investment of an integrated solar complex in Suez, Egypt. The initial phase of the complex will include monosilane and polysilicon production units with annual capacities of 600 and 2500 TPA, respectively, and a solar module production unit with annual capacity of 50 MW.
The plant will be built on 210,000 square meters in an industrial zone northwest of the Gulf of Suez, which will allow for a next phase of expansion. An additional 110,000 square meters will be reserved for complementary downstream investments in the solar value chain, the companies add. The plant is targeted to begin production in the fourth quarter of 2012.
Virasa and SilicoTek will also jointly build a research and development center to develop and commercially demonstrate new silicon-based technologies.