Press Release: State aid: Commission endorses EUR45 million aid to FIRST SOLAR for solar modules plant in Germany

The European Commission on 27 April 2006 authorised, under EC Treaty state aid rules, a €45.5 million aid which the German Government was planning to provide to FIRST SOLAR Manufacturing GmbH (FSM) for the creation of a plant for the manufacture of solar modules in Frankfurt (Oder), region of Brandenburg. The total cost of the investment would amount to some €115 million. The Commission concluded that the aid was in line with the rules on regional investment aid and aid to small and medium sized enterprises (SMEs).

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