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Hungary's Solar Energy Systems laid the cornerstone of a HUF 1.2 billion solar cell plant in Komló.
The plant is expected to start production of three product families of photovoltaic cells from the end of November.
The plant is expected to generate annual revenue of €4 million, mostly from sales on the German market.
Solar Energy Systems received HUF 400 million in grant money for the project from the state and the European Union.