In 2006 a new company, Arendi S.p.A., has been founded. The company will have the task to realize and to commercialize the new generation photovoltaic modules within two years.

The Arendi (www.arendi.eu) partners are:

Marcegaglia S.p.A. 44%

Solar Systems and Equipments S.r.l. 205%

Alchimia S.p.A. 15%

Banca Ifis 16%

Studio Galli 5%

The plant is in development stage and the beginning of the production is previewed for the middle of 2009