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28.02.2013 – 10:56

centrotherm photovoltaics AG

EANS-News: centrotherm photovoltaics AG
REC opts for centrotherm photovoltaics high volume production systems to upgrade existing production lines in Singapore

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Company Information

Blaubeuren (euro adhoc) - February 28, 2013 - REC, a leading global provider of
solar electricity solutions, has placed an order with centrotherm for their
high-throughput diffusion systems for its complete 740 megawatt (MW) solar
production line in Singapore. Having successfully integrated centrotherm
diffusion technology into one of its production lines REC has decided to equip
and upgrade all remaining lines at its site in Asia. centrotherm photovoltaics
won out against its competitors with its 5-chamber diffusion furnace, which not
only offers outstanding phosphorus diffusion capabilities, but also enables the
reliable implementation of higher resistance emitters on a low-cost basis. The
throughput-optimized tube furnace is purposely designed to meet the stringent
demands of mass solar cell production and offers excellent process performance
and stability. This equipment order is valued in a higher single-digit million
Euro range.

With this step, REC will develop the next generation of high-performance solar
cells and modules, for the growing global solar market. REC's solar modules were
ranked as test-winners in terms of module output with lowest degradation over
time, according to data provided by PHOTON Laboratory in 2012. 

"centrotherm can deliver persuasively to globally leading manufacturers as its
solutions and products in the solar cell area guarantee a high level of process
security and system performance, consequently enabling the manufacturing of
state-of-the-art products", notes Dr. Josef Haase, CEO of centrotherm cell &
module, before going to add: "centrotherm's leading production technology paired
with the outstanding local support capabilities from the centrotherm Singapore
office offered the decisive benefit." 

About centrotherm photovoltaics AG
centrotherm photovoltaics AG, headquartered 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 commands a
broad and well-founded technological basis, as well as key equipment at
practically all steps of the photovoltaics value chain. centrotherm
photovoltaics AG is currently listed in the Prime Standard of the Frankfurt
Stock Exchange, although it is due to switch to the General Standard of the
Regulated Market as of March 1.

About REC
REC is a  leading global provider of solar electricity solutions. With nearly
two decades of expertise, we offer sustainable, high-performing products,
services and investment opportunities for the solar and electronics industries.
Together with our partners, we create value by providing solutions that better
meet the world's growing electricity needs. Our 2,300 employees worldwide
generated revenues of more than NOK 7billion in 2012, approximately EUR 1
billion, or USD 1.3 billion. To see more of what REC can offer, please visit

Further inquiry note:
Nathalie Albrecht
Manager Public Relations 
Tel: +49 7344 918-6304

end of announcement                               euro adhoc 

company:     centrotherm photovoltaics AG
             Johannes-Schmid-Str. 8
             D-89143 Blaubeuren
phone:       +49 (0) 7344 91880
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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