ErSol Solar Energy AG

euro adhoc: ErSol Solar Energy AG
ErSol secures silicon supplies for further expansion of production capacities

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Yesterday evening Californian time ErSol Solar Energy AG (ErSol) signed a contract for the supply of this scarce raw material with the world’s largest manufacturer of polysilicon for the solar and semiconductor industry. The contract is valid from 2009 onwards and will enable ErSol to achieve an additional production output of at least 300 MWp. The silicon price has been fixed for the entire term of the contract. ErSol will make down payments in the two-digit millions, to be offset against subsequent payments for the purchase of silicon. For ErSol this contract is one building block for promoting the expansion plans in the solar cells division above and beyond the already-approved capacity of 180 MWp.

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ots Originaltext: ErSol Solar Energy AG
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Further inquiry note:
Sonja Teurezbacher
Investor Relations Manager
+49 (0)361 219 5130

Branche: Alternative energy
ISIN:      DE0006627532
WKN:        662753
Index:    CDAX, TecDAX
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard

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