The company SOLAR-PAR SA, holding company focused to the photovoltaic sector. With investments of BRL 990 million SOLAR-PAR SA will start its activities in Brazil by deploying three plants for the production of photovoltaic cells and modules, becoming the first Brazilian company to deploy this technology in the country. It is important to mention that TECHNO-CELLS, subsidiary it is responsible for silicon extraction and industrial activities in the production of photovoltaic cells and modules (focus of our potential partnership) has been developing the project for 4 years, and holds supply agreements with the German company SINGULUS TECHNOLOGIES AG for the production equipment. TECHNO-CELLS is the only Brazilian company in the solar tracking benefit of PADIS- Support Program for the Development of Semiconductor Industry.
TECHNO-CELLS owns a 86.000.000 tons silicon mine purity 99,77%, evaluated over US$ 800.000.000,00. This raw material focuses on the production of semi-conductors (wafers), LED, optic fiber, special glass with solar grade.