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Europe Daily Bulletin No. 7677

16 March 2000
Contents Publication in full By article 12 / 44
GENERAL NEWS / (eu) eu/state aid
Investigation into the amount of regional aid to a manufacturer of solar panels, Solar Tech, in southern Italy

Brussels, 15/03/2000 (Agence Europe) - The European Commission has initiated an investigation into Italian regional aid of 43 million euro to manufacturer of solar panels, Solar Tech, as the aid intensity seems to be too high.

In November 1999, Italy notified its intention of paying aid of 43 million euro on an investment of 58 million euro to Solar Tech, newly created company in Mamfredonia, Province of Foggia. The investment, intended to build a factory to manufacture amorphous silicon...

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ECONOMIC INTERPENETRATION