centrotherm photovoltaics AG

EANS-News: centrotherm photovoltaics sells new solar cell production equipment with a total capacity of more than 2.3 gigawatt peak within a few days

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Company Information

Blaubeuren (euro adhoc) - August 26, 2010 - centrotherm photovoltaics AG has achieved a notable sales success, and signed several contracts for production systems and equipment in its solar cell business area with well-known Asian customers over the past few days. The capacity sold to existing and new customers totals more than 2.3 gigawatt peak (GWp). Confidentiality has been agreed about the investment sums.

"Our many years of experience, and our lines' high-performance, proved persuasive arguments for both existing and new customers", stated Hans Autenrieth, centrotherm photovoltaics AG Management Board member. And he also takes a positive view of the future: "We are in promising contractual negotiations about major projects with further customers in Asia." Between eight and twelve gigawatt peak of new production capacity will be created this year in the solar cell area, according to market estimates.

About centrotherm photovoltaics AG centrotherm photovoltaics AG, which is based at Blaubeuren, is one of the world's leading technology and equipment providers 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, crystalline solar cells and thin film 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-creation chain. centrotherm photovoltaics guarantees its customers important performance parameters such as production capacity, efficiencies, and completion deadlines. The Group employs over 1,300 staff members, and operates in Europe, Asia and the USA. In the 2009 financial year, centrotherm photovoltaics achieved revenue of EUR 509.1 million, and EBIT of EUR 37.2 million. The company is listed in the TecDax of the Frankfurt Securities Exchange.

Contact: Saskia Schultz-Ebert Senior Manager Investor & Public Relations Tel: +49 7344 918-8890 E-mail: saskia.schultz-ebert@centrotherm.de

Dr. Torsten Knödler Manager Public Relations Tel: +49 7344 918-8898 E-mail: torsten.knoedler@centrotherm.de

Christina Siebels, Britta Cirkel HOSCHKE & CONSORTEN Public Relations GmbH Tel: +49 40 3690 50-58 /-56, E-mail: c.siebels@hoschke.de; b.cirkel@hoschke.de

end of announcement                               euro adhoc

Further inquiry note:

Dr. Torsten Knödler
Manager Public Relations
Tel.: 07344 - 918-8898
E-Mail: torsten.knoedler@centrotherm.de

Branche: Energy
Index: TecDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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