| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/10/974 (20.7.10) |
| Publication Date | 20/07/2010 |
| Content Type | News |
|
The European Commission has authorised €8.5 million of regional investment aid to the Spanish company Silicio Solar SAU for the production of solar wafers in Puertollano, Ciudad Real (Castilla-La–Mancha). The project involves investments of €219 million for the construction of a new plant next to an already existing one. The Commission found the measure to be compatible with the requirements of the Regional Aid Guidelines 2007-2013, and in particular with their rules on large investment projects. The Commission concluded that, on balance, the positive effects of the aid on regional development outweigh potential distortions of competition brought about by the aid. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/974&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe, Spain |
