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centrotherm photovoltaics AG

EANS-News: centrotherm photovoltaics AG
Photon's 4th Photovoltaic Technology Show Europe 2009: centrotherm photovoltaics reports positive trade fair outcome

Blaubeuren (euro adhoc) -

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technology/products
Blaubeuren, March 18, 2009 - Photon's 4th
Photovoltaic Technology Show Europe, which was held in early March in
Munich, will remain a fixture in centrotherm photovoltaics AG's trade
fair calendar. "Our presence at this trade fair has proved more than 
worthwhile for us," commented Robert Hartung, CEO of centrotherm 
photovoltaics AG. "We experienced an extremely strong footfall of 
visitors at the Munich trade fair, made a large number of interesting
contacts, and held promising contract negotiations."
centrotherm photovoltaics attracted attention from the very start of 
the trade fair with a successful announcement from its silicon 
division: announcing "First Silicon Out" the company confirmed the 
successful start of silicon production at its customer Asia Silicon. 
Furthermore, centrotherm photovoltaics presented its new turnkey 
production line "FlexLine Plus" being characterized by effectively 
improved efficiencies. For multicrystalline cells an efficiency of 
16.6 percent is guaranteed. For monocrystalline cells the company 
raised efficiency to 18.0 percent which is above the current industry
average of 15.4 percent for multicrystalline and 16.5 percent for 
monocrystalline cells.  "Our R&D activities are focused not only on 
new products but also on constant analysis and improvement of 
existing production processes," comments Dr. Peter Fath, CTO of 
centrotherm photovoltaics. "These new efficiencies strengthen our 
leading role in technology and address the competitive market´s needs
as well as our customers´ demand for a production environment based 
on up-to-date technology."
The "Module Technology" division, which was presented for the first 
time at the trade fair, also sparked enthusiastic interest among 
visitors: with this business area, GP Solar GmbH, a further 
centrotherm photovoltaics 100% subsidiary, supplements the product 
range of the Blaubeuren-based company to include crystalline module 
production. This range comprises both individual engineering packages
as well as turnkey solutions and services for purchasing, sales and 
certification. Demand in this area for complete packages that combine
both high performance and cost efficiency was particularly strong 
among representatives from new markets such as Australia, Turkey and 
Morocco. "Technology leadership is critical to a company's future 
viability, particularly in periods of recession," explained Robert 
Hartung. "We are exhilarated to have led advanced sales conversations
in this tense market environment and consider ourselves ideally 
positioned to enable our customers to achieve cost savings with 
efficient solutions offering enhanced performance at the same time."
About centrotherm photovoltaics AG centrotherm photovoltaics AG, 
which is based at Blaubeuren, is one of the world's leading 
technology and service-providers for the manufacturing of solar cells
and solar silicon. The broad product spectrum comprises key equipment
and turnkey production lines for crystalline and thin film solar 
cells. The product range is supplemented by reactors and converters 
for the manufacturing of solar silicon. centrotherm photovoltaics 
guarantees its customers important performance parameters such as 
production capacity, degree of efficacy, and completion deadlines for
turnkey lines. The Group employs more than 1,000 staff members, and 
operates in Europe, Asia and the USA. centrotherm photovoltaics 
achieved revenue in the 2008 financial year of EUR375 million, EBIT 
of EUR56 million, and is listed in the TecDax of the Frankfurt 
Securities Exchange. (*Provisional figures before purchase price 
allocation)
end of announcement                               euro adhoc

Further inquiry note:

Company contact:
Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 7344 918-8890
E-mail: saskia.schultz-ebert@centrotherm.de

Press contact:
Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-58 /-31
E-mail: c.siebels@hoschke.de; g.pauli@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard

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