MOU inked to man­u­fac­ture so­lar pan­els

Tehran Times - - ECONOMY -

TEHRAN — In­dus­trial De­vel­op­ment and Ren­o­va­tion Or­ga­ni­za­tion of Iran (IDRO) signed a me­moran­dum of un­der­stat­ing (MOU) with the Chi­nese com­pany Sun­shine and Konda En­ergy from Hong Kong to es­tab­lish a joint com­pany for man­u­fac­tur­ing so­lar pan­els.

As IRNA re­ported, IDRO will have a 30-per­cent share from the com­pany while the rest will be equally di­vided. IDIRO will pro­ceed to reg­is­ter­ing af­ter fi­nal­iz­ing the com­pany statute in less than a month.

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