centrotherm photovoltaics wins large order in the solar silicon business

Blaubeuren, 03.12.2007

  • Supply of key equipment for the production of solar silicon
  • Participation in pioneer project involving the construction of the most advanced and efficient polysilicon production facility in Spain

centrotherm photovoltaics AG and Silicio Energia S.A., have signed an agreement on the supply of key equipment for the production of solar silicon. The agreement includes Siemens reactors and converters exclusively provided by centrotherm photovoltaics. Moreover, SOLMIC GmbH, an affiliated company of centrotherm photovoltaics, provides engineering support. The relating contract has been signed a year ago.

The order book reported as of November 29, 2007 further increased with the order from Silicio Energia.

The facilities are to be used as part of a large project for building up a pioneer polysilicon production facility in Spain. Delivery has been planned to start on January 2009. The first phase of the project aims for a total production of 2.500 t of polysilicon, which will create more than 300 jobs.

"We are delighted to be able to play an active part in this pioneer and innovative project for Spain with our key equipment", commented Robert Hartung, CEO of centrotherm photovoltaics AG after the agreement had been signed. "Our high standards of technological expertise and our strategic approach of facilitating the supply of silicon to our customers as a key component is now paying off."

Silicio Energia, added the following: "Our aim is to build the most advance and efficient solar silicon production facility in Spain. With its expertise and high quality standards, centrotherm photovoltaics provides us with an extremely efficient platform for building up our solar silicon production. Furthermore, this project will strengthen the growth and supply of the Spanish solar industry."

About centrotherm photovoltaics AG

centrotherm photovoltaics AG is an internationally leading provider of technology and services for the production of solar cells and solar silicon. The broad range of products ranges from key equipment and turnkey production lines through to complete solar factories. Business operations currently focus on the growth market of Asia. The international customer base includes well-known companies from the solar sector. The company, which is based in Blaubeuren near Ulm, currently has over 140 employees.

About Silicio Energia

Silicio Energia is a company jointly held by Isofoton, leading technological company in Solar Energy, Endesa, leading Spanish utility, Junta de Andalucia, regional Government of Andalucia Spain, GEA 21 and different Andalucian Financial Institutions. Silicio Energia aims to build the most advanced and efficient polysilicon production facility in Spain, with the objective of supplying this material to the booming Photovoltaic Spanish industry.

centrotherm photovoltaics AG

Johannes-Schmid-Strasse 8
89143 Blaubeuren

ISIN: DE000A0JMMN2
WKN: A0JMMN
Admitted to the Regulated Market/Prime Standard, Frankfurt Securities Exchange
Registered Office: Germany

Contact:

Saskia Schultz-Ebert
Senior Manager Investor Relations
T +49 7344 918-8890
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