The total generating capacity of such power projects is anticipated to be more than 100MW.
The company’s subsidiary Cenergy Global Corp chairman Adiv Baruch said the company is building a strong relationship with some of the leading players in the European market, who are experienced in developing profitable renewable energy projects.
"We are exposed to large size projects with unique economic parameters," Baruch said.
Solar Thin Films was formerly engaged in the manufacturing of solar module production equipment and turnkey amorphous silicon module factories.
The company has shifted its focus from turnkey facility production, to establishment, operation and management of solar farms.
