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Abonner centrotherm photovoltaics AG

centrotherm photovoltaics AG

centrotherm photovoltaics founds branch in Taiwan

Blaubeuren (euro adhoc) -

- Important step towards implementing strategy 
- Strong international market position expanded
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
January 10, 2008 - centrotherm
photovoltaics AG has founded a branch in Taiwan: centrotherm 
photovoltaics Asia Pte. Ltd. Taiwan Branch. "This step allows us to 
continue our strategy of expanding our market position, and we are 
also establishing ourselves as one of the leading international 
providers of technology and services for the production of solar 
cells and solar silicon," explained Robert Hartung, CEO of 
centrotherm photovoltaics AG. centrotherm photovoltaics is planning 
to create and expand further service and sales companies, 
particularly in Asia and the US.
The branch in Taiwan is a subsidiary of the Asian company centrotherm
photovoltaics Asia Pte. Ltd., which is headquartered in Singapore. 
This company is 100 percent owned by centrotherm photovoltaics AG.
The introduction of a statutory subsidy program for renewable 
energies is planned in Taiwan. The aim is to raise Taiwan's 
photovoltaic output to 21 megawatt-peak by the year 2010 with the 
help of direct state subsidies and legally binding input tariffs for 
renewable energy sources.
centrotherm photovoltaics is already generating around 70 percent of 
its revenue in the Asian region.
About centrotherm photovoltaics AG centrotherm photovoltaics AG is a 
leading international 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 more than 230 
employees.
end of announcement                               euro adhoc

Further inquiry note:

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

Press contact:
Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-31
E-mail: g.pauli@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard

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Plus de actualités: centrotherm photovoltaics AG