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MAGE Solar to remain independent

FRANKFURT (Reuters) - MAGE Solar has not been approached by Asian predators on the look-out for customer access in the world's top solar market, nor is it willing to give up its independence,...

FRANKFURT (Reuters) - MAGE Solar has not been approached by Asian predators on the look-out for customer access in the world's top solar market, nor is it willing to give up its independence, according to its chief executive.

"So far, no one has called us," Norberto Philippi, CEO of Germany's MAGE Solar, told Reuters in an interview on Wednesday. "We're a 100-percent subsidiary of MAGE and it will stay that way," he added. MAGE Solar makes solar modules and offers system installation.

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