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Conergy AG

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

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Company Information
05.04.2007
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.
end of announcement                               euro adhoc 05.04.2007 19:29:47

Further inquiry note:

Thorsten Vespermann
Tel.: +49 (0)40 237 102 171
Mobil: +49 (0) 172 451 19 67
E-Mail: t.vespermann@conergy.de

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

Plus de actualités: Conergy AG
Plus de actualités: Conergy AG