Conergy AG

euro adhoc: Conergy AG
Conergy secures supply of silicon, production materials and preliminary products for its own solar module production in 2007

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Company Information


Hamburg-based Conergy AG today announced that it contractually secured more than 80% of the silicon and silicon-based components required to produce its own solar modules with a peak capacity of around 50 megawatts three months prior to the start of production at its new Frankfurt/Oder plant.

In order to produce wafers, cells and modules, more than 50 different production materials and components were ordered from diverse suppliers including silicon, iron-free solar glass, special gases for the production process, slurry and silver paste as well as connection boxes and aluminium frames.

With these suppliers, Conergy could secure the necessary future supplies for 2008 and beyond in order to expand its own production. In view of the silicon industry’s substantial increase in capacity, Conergy expects more favourable procurement conditions by 2008 which could be beneficial for the company when new contracts are signed in the second half of 2007.

Since February, machinery has been continually delivered to the new site, assembled and tested for the start-up of the fully integrated production of solar wafers, cells and modules in summer 2007 in Frankfurt/Oder. While the exterior work to the building has almost been completed, the internal fitting out is also nearing completion and the entire infrastructure is being prepared for the start of production.

All in all, Conergy is on course to kick-off manufacturing at its solar plant in summer 2007 and to ramp up production to produce its first solar modules with a peak rating of up to 50 megawatts by the end of the year. Conergy will reach full production capacity of 250 megawatts in 2008, and the solar wafers, cells and modules which it produces will be supplied to its current distribution centres in 25 countries.

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ots Originaltext: Conergy AG
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Further inquiry note:
Thorsten Vespermann
Tel.: +49 (0)40 237 102 171
Mobil: +49 (0) 172 451 19 67

Branche: Energy
ISIN:      DE0006040025
WKN:        604002
Index:    TecDAX, Technologie All Share, CDAX, HDAX, Prime All Share,
              Midcap Market Index
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade

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