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The U.S. company plans to build a Gukovo plant solar panels.

Production of polycrystalline silicon worth more than В¬ 1 billion to become the largest in Russia.

Company of the U.S. SM Industrial Financial Group plans to build in the mining town of Rostov region Gukovo plant polycrystalline and monocrystalline silicon solar cells for a total cost of 1.04 billion euros.

project will be implemented through public-private partnership under the federal program of support mono.

EUR 15 million Americans invest, 768, 2 million euros is expected to attract investors and 262.2 million euros in credit will VEB. The investment strategy of the project includes the production of bond issues in world financial markets. Launching the new plant is scheduled for the end of 2012.

assumed that the main consumers of the plant's output will be the company "Solar Wind" (Krasnodar), Podolsk Chemical-Metallurgical Plant ", LLC" Somekh "- Scientific-Production Center of the factory" Red Banner "(Ryazan), Marketing & Technology Future Ltd (England), and Jun Wei International Corporation (Taiwan).

largest producers of polysilicon and monocrystalline silicon in the world are the U.S., Germany, Japan and Italy.

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