The Asian Walsin Lihwa Corporation (TWSE: 1605) chooses solar technology
from Leipzig. Through its wholly owned subsidiary, Ally Energy, Walsin Lihwa
will invest 40 million euro and takes a 49 percent stake of Solarion AG, a
specialist in flexible thin film solar cells and modules. Under involvement of the
Development Bank of Saxony the investment is awarded with a grant of more
than 20 million euro.
The contracts were signed today between Yu-Lon Chiao, Chairman of Walsin
Lihwa, Dieter Waffel, Supervisory Board Chairman of Solarion AG, Dr. Karsten
Otte, CEO of Solarion AG and Dr. Alexander Braun, CTO of Solarion in the
ballroom of the new city hall in Leipzig.