Tata Group pumps funds in Swiss solar firm

Switzerland-based solar start-up Flisom has secured funding from the Tata Group. The firms did not disclose the financial details of the deal. Flisom, producer of lightweight solar modules, is currently setting up a 5MW PV project in Duebendorf. Kishor Chaukar, managing director of Tata Industries, said that the firm sees value in solar technology and the resultant product not only as manufacturers or sellers but also as users of it. The group joined hands with UK’s BP Solar in 1989 to set up a joint venture Tata BP Solar.