Business operations of centrotherm photovoltaics AG continue unchanged

Blaubeuren, 14.08.2012

  • Customers have confidence in the technology and sector leader
  • Equipment system upgrades, spare parts deliveries and services are secured
  • Presence at important photovoltaic trade fairs

centrotherm photovoltaics AG has succeeded in seamlessly continuing its business operations during the current insolvency protection proceedings. Despite the continued difficult market situation, new orders in the Solar Cell & Module segment, in particular, underscore the expertise of the leading technology and equipment supplier to the photovoltaic sector. For example, one new Taiwanese customer ordered a package of key equipment for diffusion and antireflective coating. A renowned Taiwanese customer of many years' standing also ordered the c.FIRE, the new generation of the established fast-firing furnace. centrotherm photovoltaics is a global market leader in both diffusion and PECVD systems, and the company ranks second in fast-firing furnaces.

Current projects have also been continued under the insolvency protection arrangements. In the coming days, a further partial delivery of key equipment for a 360 MW solar cell line will be made to a customer in China, a customer of many years' standing. "The seamless continuation of operations, and the loyalty of our customers and suppliers, are supporting our reorganization process, and form an important foundation for centrotherm's future. Our aim is to further strengthen our excellent market position and competitiveness," emphasized CEO Robert M. Hartung.

centrotherm photovoltaics and its foreign subsidiaries continue to provide system upgrades, replacement parts deliveries and services as previously.

centrotherm photovoltaics will present itself with its portfolio products and services at the EU PVSEC, one of the leading international photovoltaic industry trade fairs, which is to be held in Frankfurt am Main, Germany, at the end of September. Further trade fair activities will also occur in Taiwan, India and the MENA region in 2012.

About centrotherm photovoltaics AG

centrotherm photovoltaics AG, which is based at Blaubeuren, Germany, is a globally leading technology and equipment provider for the photovoltaics sector. The company equips well-known solar companies and new sector entrants with turnkey production lines and single equipment to manufacture silicon, and crystalline solar cells and modules. As a consequence, the Group possesses a broad and well-founded technological basis, as well as key equipment at practically all steps of the photovoltaics value chain. centrotherm photovoltaics guarantees its customers important performance parameters such as production capacity, efficiencies, and completion deadlines. The Group currently employs around 1,400 staff, and operates globally in Europe, Asia and the USA. centrotherm photovoltaics achieved revenue in the 2011 financial year of around EUR 700 million. The company is listed in the Prime Standard on the Frankfurt Stock Exchange.


centrotherm photovoltaics AG
Johannes-Schmid-Strasse 8
89143 Blaubeuren
Internet: www.centrotherm.de
ISIN: DE000A0JMMN2
WKN: A0JMMN
Admitted to the Regulated Market/Prime Standard, Frankfurt Securities Exchange
Corporate domicile: Germany

 
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Saskia Feil
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Nathalie Albrecht
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