centrotherm photovoltaics receives thin-film area order
centrotherm photovoltaics AG has received an order in its thin-film business area. Illies Renewables GmbH, Hamburg, has ordered a 50 MW production line for thin-film modules based on CIGS technology for its production location at Magdeburg-Rothensee, Germany. The order volume is in excess of EUR 60 million. Delivery of the lines will begin prospectively in the first half of 2010.
Illies Renewables is a project development company active in the renewable energies area.
"It gives us great pleasure to support Illies Renewables in their entry into thin-film technology," commented Hans Autenrieth, member of the board of centrotherm photovoltaics AG. "This order provides further confirmation that we have backed a pioneering technology in CIGS." CIGS is currently the most efficient form of thin-film technology, achieving a rate of more than 20 percent in research settings.
centrotherm photovoltaics will prospectively present its provisional results for the 2008 financial year on February 19, 2009.
About centrotherm photovoltaics AG
centrotherm photovoltaics AG, which is based at Blaubeuren, is one of the world's leading technology and service-providers for the manufacturing of solar cells and solar silicon. The broad product spectrum comprises key equipment and turnkey production lines for crystalline and thin-film solar cells. The product range is supplemented by reactors and converters for the manufacturing of solar silicon. centrotherm photovoltaics guarantees its customers important performance parameters such as production capacity, degree of efficacy, and completion deadlines for turnkey lines. The company employs over 1,000 members of staff. It operates globally in Europe, Asia, and the USA. centrotherm photovoltaics achieved revenue in the 2007 financial year of €166.2 million, EBIT of €21.1 million, and is listed in the TecDax of the Frankfurt Securities Exchange.
centrotherm photovoltaics AG
Listing: Regulated Market/Prime Standard, Frankfurt Securities Exchange
Registered Office: Germany
Senior Manager Investor Relations
T +49 7344 918-8890