centrotherm photovoltaics AG

EANS-News: centrotherm photovoltaics AG
centrotherm photovoltaics wins important order from China

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Company Information

Blaubeuren (euro adhoc) - December 19, 2012 - At the beginning of 2013,
centrotherm photovoltaics will deliver solar cell production systems for
anti-reflective coating and phosphorous diffusion with a capacity of 300
megawatts to CECEP Solar Energy Technology (Zhenjiang) Co., Ltd. The tender for
this solar cell line key equipment occurred as part of the first capacity
expansion of their cell and module production. CECEP Solar awarded the order for
the important core processes to centrotherm photovoltaics, the global market
leader for diffusion and PECVD systems which is based at Blaubeuren, Germany. 

CECEP Solar Energy Technology (Zhenjiang) Co., Ltd. is a subsidiary of China
Energy Conservation and Environmental Protection Group (CECEP), which ranks as
one of the largest state industrial groups involved in environmental protection
and sustainable energy supplies in China. The company is one of the leading
providers in the planning and operation of solar parks, having enlarged its
product range in the solar value chain in 2011 with the opening of its 180 MW
cell and module production line in the Jiangsu Province in the east of the
People's Republic of China. "We aim to be a leading supplier of photovoltaic
products in China, and to also offer our quality products globally at
competitive prices. With centrotherm photovoltaics as a supplier for solar cell
production equipment, we have the key to access such a position," stressed Jiang
Likai, General Manager at CECEP Solar. 

"This order confirms our expertise, and the quality and economic efficiency of
our solutions for solar cell production, although it is not yet a clear sign
that the PV production system market has recovered. Only a few solar cell
manufacturers are currently investing in expanding their capacities, with most
preferring to upgrade existing production lines. We regard this order as a
bright spot on the horizon, reflecting photovoltaics' future potential, and we
are gratified by the confidence that our customers are investing in us,"
commented Hans Autenrieth, Management Board member responsible for sales and
marketing at centrotherm photovoltaics AG. 

About centrotherm photovoltaics AG
centrotherm photovoltaics AG, which is based at Blaubeuren, Germany, is a
globally leading technology and equipment provider 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, and
crystalline solar cells and 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 chain. centrotherm
photovoltaics guarantees its customers important performance parameters such as
production capacity, efficiencies, and completion deadlines. The Group employed
around 1,300 staff as of August 31, 2012, and operates globally in Europe, Asia
and the USA. centrotherm photovoltaics achieved revenue in the 2011 financial
year of around EUR 700 million. The company is listed in the Prime Standard on
the Frankfurt Stock Exchange.

Further inquiry note:
Saskia Feil
Tel: +49 (0) 7344 918-8890

Nathalie Albrecht
Manager Public Relations 
Tel: +49 7344 918-6304
E-mail: nathalie.albrecht@centrotherm.de

end of announcement                               euro adhoc 

company:     centrotherm photovoltaics AG
             Johannes-Schmid-Str. 8
             D-89143 Blaubeuren
phone:       +49 (0) 7344 91880
mail:     info@centrotherm.de
WWW:      http://www.centrotherm.de
sector:      Energy
ISIN:        DE000A0JMMN2
indexes:     Prime All Share, GEX, ÖkoDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English

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