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centrotherm photovoltaics AG

EANS-News: centrotherm photovoltaics receives first upgrade order from Asia for its selective emitter technology

Blaubeuren (euro adhoc) -

• Equipment sold to Taiwan, and advanced contract negotiations
in Asia
     • Sales potential in the triple-digit millions of Euros 
range
     • Up to 0.5 percentage points higher cell efficiency 
through technology
       upgrades
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
Subtitle:     • Equipment sold to Taiwan, and advanced contract 
negotiations
in Asia
    • Sales potential in the triple-digit millions of Euros range
    • Up to 0.5 percentage points higher cell efficiency through technology
      upgrades
August 5, 2010 - centrotherm photovoltaics
AG's evolutionary research and development strategy, which also 
allows its turnkey customers to benefit from solar cell development 
progress through technology and equipment upgrades, is reaping 
rewards: three turnkey production lines owned by a Taiwanese customer
are currently being retrofitted with a selective emitter technology 
upgrade package. The photovoltaics specialist is engaged in advanced 
contract negotiations with renowned clients in Asia.
"Our strategy of upgrading existing production lines with selective 
emitter technology is proving highly successful. The market is 
showing great interest in such products," as Dr. Peter Fath, CTO at 
centrotherm photovoltaics, explained. He went on to add: "Both 
existing and new customers can produce even more efficiently with our
upgrade packages. Last, but not least, electricity customers also 
benefit." The global sales potential for the upgrades lies in the 
triple-digit millions of Euros range.
Upgrade packages boost cell efficiency to a peak value of up to 
18.5 percent, and cut module costs by three percent Not only will new
customers benefit from the efficiency enhancements as the result of 
continuous innovation, but also those clients who have already been 
relying on tried and tested centrotherm technology for years. This 
led the Swabian company to develop two upgrade packages that raise 
cell efficiency by up to 0.5 percentage points. This allows peak 
results of more than 17 percent efficiency on multi-crystalline 
material, and of up to 18.5 percent on mono- crystalline material - 
depending on wafer material quality.
The space-saving basic design for a 60 MW line includes two laser 
islands, and improves cell efficiency by up to 0.3 percentage points 
according to information provided by the company. In the case of the 
premium product, featuring two laser islands, an oxidation furnace 
and wet process system, cell efficiency is up to 0.5 percentage 
points higher. The improved light yield offers a double benefit: 
module costs fall by around 3 percent, while electricity customers 
also benefit. A 0.5 percentage points higher efficiency results 
arithmetically in three cents lower production costs per Watt peak 
(Wp), according to a study produced by LBBW*.
centrotherm photovoltaics will also continue to back this 
evolutionary development strategy in the future: "The continuous 
optimization of production processes forms the centerpiece of our R&D
roadmap," commented Dr. Fath. "This roadmap envisages an annual 
efficiency enhancement of 0.5 percent in the mono- crystalline cell 
area, and of 0.4 percent to 0.5 percent in the multi- crystalline 
cell area. This is the only way in which we will secure our position 
as pioneering thought leader and pace setters within the solar 
sector."
The potential for selective emitter technology The emitter coating is
the uppermost coating of a solar cell exposed to light. Conventional 
emitters exhibit a high phosphorus concentration. The share of light 
that the emitter absorbs is largely converted into heat, thereby 
generating no electricity within the solar cell. The selective 
emitter technology significantly diminishes this loss insofar as it 
imposes a high phosphorus concentration on only a partial area within
the contact area where it is essential. Consequently, more light is 
converted into electricity.
* LBBW Sector Alert "Energy & Power Technology" of September 25, 2009
About centrotherm photovoltaics AG centrotherm photovoltaics AG, 
which is based at Blaubeuren, is one of the world's leading 
technology and equipment providers 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, crystalline solar cells and modules as well as thin film 
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- creation chain. 
centrotherm photovoltaics guarantees its customers important 
performance parameters such as production capacity, efficiencies, and
completion deadlines. The Group employs around 1,100 staff members, 
and operates in Europe, Asia and the USA. In the 2009 financial year,
centrotherm photovoltaics achieved revenue of EUR 509.1 million, and 
EBIT of EUR 37.2 million. The company is listed in the TecDax of the 
Frankfurt Securities Exchange.
end of announcement                               euro adhoc

Contact:

Saskia Schultz-Ebert
Senior Manager Investor & Public Relations
Tel: +49 7344 918-8890
E-Mail: saskia.schultz-ebert@centrotherm.de

Dr. Torsten Knödler
Manager Public Relations
Tel: +49 7344 918-8898
E-Mail: torsten.knoedler@centrotherm.de

Christina Siebels, Britta Cirkel
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-58 /-56,
E-Mail: c.siebels@hoschke.de; b.cirkel@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Index: TecDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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