Centrotherm Group

centrotherm SiTec achieves important milestone at Chinese state company with "First Ingot Out"

editor, 07 July 2011

With "First Ingot Out", centrotherm SiTec GmbH, a wholly-owned subsidiary of centrotherm photovoltaics AG, has achieved an important production milestone at large Chinese polysilicon manufacturer expanding to ingot at Shaanxi Province. The first 450 kilogram ingot was produced in less than 60 hours in the multi-crystalline ingot furnace developed by centrotherm SiTec, and has already achieved high quality standards.

"The system has impressively exceeded market standards with this commercial production run", commented Dr. Christian Hoess, Head of Crystallization Development. "The potentials of this technology have not yet been fully exhausted. This furnace type offers customers upgrade options to boost capacity by further 35% while at the same time entailing lower expenditure."

"With this "First Ingot Out" that we reached on a very ambitious timescale, we have shown that we can offer excellent technology along the entire solar value chain, and not only in the polysilicon and solar cell areas", noted Dr. Albrecht Mozer, Managing Director of centrotherm SiTec. "As a provider of technology and key equipment along the entire solar value chain, we enable our customers to implement optimally integrated production processes entailing low operating costs and outstanding quality." Further multi-crystalline ingot furnaces are currently being installed and ramped up at Chinese state company.

In the multi-crystalline ingot furnace, polysilicon chunks are initially melt in a silica crucible at over 1,450° Celsius. The silicon melt is then converted into multi-crystalline ingots by a process of directional solidification. Bricks and wafers are subsequently cut from these multi-crystalline ingots, before being processed to produce solar cells and modules.

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centrotherm photovoltaics: photovoltaic system costs to fall by double-digit percentage rate by 2013, generating billions of euros of savings worldwide

editor, 10 June 2011

- Around 20 percent cost reduction possible within two years

- EUR 1.6 billion of savings in Germany, and global total of more than EUR 10 billion by end of 2013

- Efficient production processes, economies of scale and higher efficiencies in solar value chain as drivers

- Efficient production processes, economies of scale and higher efficiencies in solar value chain as drivers

At the world's largest solar sector trade fair, the Intersolar Europe in Munich, centrotherm photovoltaics AG has shown how photovoltaics (PV) can become even more competitive: PV system prices can be pushed down up to 20 percent by 2013 if processes along the solar value chain are optimised further. This will generate cost-savings for newly installed PV systems of around EUR 1.6 billion in Germany alone, and even of around EUR 10.5 billion globally by end of 2013.

"More than one third of the cost reduction can be achieved through improved production processes covering the polysilicon, solar cell and modules stages", explained Dr. Peter Fath, CTO at centrotherm photovoltaics, the globally leading supplier of technology and equipment to the photovoltaic sector. Raw material costs, inverters, and installation predominantly comprise around two thirds of the cost saving. "System prices can fall by 20 percent to a net price of around € 1,930 per kilowatt by the end of 2013 if all other participants in the photovoltaic value chain, all the way through to the installation of the PV system, do their homework."

A particular focus at centrotherm photovoltaics is on higher solar cell efficiencies, because these generate great cost-reduction potential. "We aim to have the 20 percent high-performance solar cell by 2013 at the latest – and specifically in mass production, and not only as a laboratory figure", Dr. Fath went on to comment. "Consequently, we will continue to push ahead with further developments at full speed." As a rule of thumb, a one percentage point higher efficiency cuts production costs by around six percent.

Higher production capacities that generate economies of scale comprise further drivers of lower manufacturing costs. This trend is particularly noticeable on the Asian market. Further additional significant cost effects are to be achieved by building an integrated factory that covers the entire solar value chain through the solar silicon production, solar cell, and solar module stages. This allows cutting out the margins of suppliers and other producers. "Already today, we can identify this as a trend among our premium cost leaders", as commented Dr. Fath of centrotherm photovoltaics, the pioneers of turnkey systems, and providers of key equipment along all important steps of the solar value chain.

"Solar electricity, which is already important, will receive a further significant boost to its cost appeal over the next few years, and become very attractive", noted Dr. Fath with a view to the future. Generation prices of 12 to 16 euro cents per kilowatt hour (kWh) will then be possible in Germany in around two years' time. With costs of seven to eight euro cents per kilowatt hour, a mix of renewable energies will achieve utility parity with conventional power plants by the middle of the decade. Wind and sun complement each other optimally in electricity generation, allowing storage capacities to be minimized.

"We see photovoltaics, in combination with other renewable energy sources, as making a key contribution to allowing Germany, as well as other countries, to realize an exit from the nuclear energy option", commented Robert M. Hartung, CEO and Management Board Chairman of centrotherm photovoltaics AG.

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ROFIN-BAASEL Lasertech and centrotherm photovoltaics draw positive interim assessment of their strategic cooperation in the advanced cell technology area

editor, 06 June 2011

- Successful launch of laser diffusion for turnkey projects and of upgrade package for Chinese customer Dongfang Magi Solar

- Laser technology caters for above-market-average efficiency of more than 18.5 percent in industrial solar cell production

- Cooperation also in centaurus rear side technology

The strategic cooperation between the two technology leaders ROFIN-BAASEL Lasertech GmbH & Co. KG and centrotherm photovoltaics AG is proving worthwhile in the selective emitter technology area: Dongfang Magi Solar, a Chinese customer of centrotherm photovoltaics, is achieving an average efficiency of more than 18.5 percent, and charges of up to 18.7 percent, through the deployment of the recently installed upgrade package entailing a laser-based selective emitter. These cell efficiencies are significantly above the levels of around 18 percent that are otherwise standard on the market).

Earnings per share were up by 87.1 percent to EUR 0.58 (prior-year period: EUR 0.31). The company achieved a 24.5 percent return on capital employed (ROCE), compared with 14.9 percent in the comparable prior-year period. The equity ratio stood at 44.7 percent (December 31, 2010: 49.2 percent). Total assets were reported at EUR 915.0 million (December 31, 2010: EUR 805.6 million.

"Our cooperation with ROFIN is proving very fruitful. Deployment of the ROFIN laser, which requires only minor additional investment costs, significantly improves solar cells' efficiency", was how Dr. Peter Fath, CTO of centrotherm photovoltaics AG, commented on the strategic cooperation that has existed since September 2009. "This reduces manufacturing costs per watt peak, and allows our customers to extend their cost leadership." Very low consumption costs for laser technology comprise a further advantage. For this year, centrotherm photovoltaics anticipates that selective emitter technology will hold a sales potential in the double-digit area in millions of euros.

centrotherm photovoltaics has meanwhile proved higher efficiencies in mass production through upgrades at further cell manufacturers. The selective emitter is currently being retrofitted at several Asian customers. In addition, turnkey projects for production lines for mono- and multi-crystalline ("Si") silicon solar cells with selective emitter technology have been successfully concluded. Several millions of highly efficient selective emitter solar cells have already been manufactured in ongoing three-shift production.

The technology to produce selective emitter structures that has been developed with ROFIN Laser boosts solar cell efficiency by up to 0.4 percentage points. Conventional emitters exhibit a high degree of phosphorus concentration which results in a significant portion of the incoming light being converted into heat instead of electricity. Selective emitter technology significantly reduces this heat loss by using the laser to position the highly phosphorus concentration in only the requisite areas. The solar cell converts more light into electricity as a consequence.

A further application area for the ROFIN laser is in centrotherm photovoltaics' centaurus rear side technology. The new rear side technology replaces the aluminum rear side through a passivation coating with local contacts that covers the entire area. This improves sensitivity to long-wave light, and more electricity is generated. Cell voltage is also improved. Efficiencies of significantly above 19 percent are achieved as a result.

"Lasers represent universal materials processing tools, and are excellently suited to photovoltaics applications", commented Stephan Geiger, Managing Director of ROFIN-BAASEL Lasertech GmbH & Co. KG. "With our lasers, we ensure that even higher performing solar cells are produced with selective emitter technology." With more than 38,000 installed systems, the ROFIN Group is one of the global technology and market leaders for lasers and laser-based system solutions in industrial materials processing.

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centrotherm photovoltaics achieves significant revenue and earnings growth on strong new order inflow in Q1 2011

editor, 10 May 2011

- Revenue rises 64.2 percent to EUR 189.3 million

- EBIT grows 79.5 percent to EUR 17.7 million

- New orders up 187.8 percent to EUR 224.3 million

- 2011 revenue and earnings forecast confirmed

centrotherm photovoltaics AG benefited from continued strong demand for photovoltaics in the first quarter of 2011, and remains on its growth path: the globally leading supplier of technology and equipment to the photovoltaics sector achieved 64.2 percent revenue growth in the first three months of this year to reach EUR 189.3 million (prior-year period: EUR 115.3 million). In this context, centrotherm photovoltaics registered a high proportion of its total sales with single equipment items for solar cell manufacturing and from growing demand for turnkey production lines. New orders in the first quarter of 2011 were up by 187.8 percent to EUR 224.3 million (prior-year period: EUR 78.0 million). Operating profit (EBIT) rose by 79.5 percent to EUR 17.7 million (prior-year period: EUR 9.8 million). The EBIT margin of the provider of key equipment to all important steps of the solar value chain increased to 9.3 percent (prior-year period: 8.5 percent). Consolidated net income grew by 84.9 percent to EUR 12.2 million (prior-year period: EUR 6.6 million).

Earnings per share were up by 87.1 percent to EUR 0.58 (prior-year period: EUR 0.31). The company achieved a 24.5 percent return on capital employed (ROCE), compared with 14.9 percent in the comparable prior-year period. The equity ratio stood at 44.7 percent (December 31, 2010: 49.2 percent). Total assets were reported at EUR 915.0 million (December 31, 2010: EUR 805.6 million).

Segment trends and order book position

In its Silicon & Wafer segment, centrotherm photovoltaics achieved revenues of EUR 29.3 million with the sale of silicon production technology and systems (prior-year period: EUR 43.3 million). Segment operating earnings (EBIT) were reported at EUR 2.2 million (prior-year period: EUR 7.0 million). The segment order book stood at EUR 259.5 million as of March 31 (December 31, 2010: EUR 277.1 million).

In its Solar Cell & Module segment, the company doubled revenue to EUR 154.9 million (prior-year period: EUR 68.2 million). This segment contributed 81.8 percent to Group revenue as a consequence (prior-year period: 59.2 percent). Segment EBIT improved to EUR 19.3 million (prior-year period: EUR 11.7 million). This represents a 12.4 percent EBIT margin (prior-year period: 17.1 percent). The segment's order book stood at EUR 575.5 million at the end of the first quarter (December 31, 2010: EUR 513.8 million).

In its Thin Film segment, centrotherm photovoltaics generated revenue of EUR 5.1 million (previous year: EUR 3.8 million). Investments in process and technology development fed through to an operating result of EUR -3.8 million (previous year: EUR -8.8 million). This segment reported an order book position of EUR 34.8 million (December 31, 2010: EUR 52.9 million).

The Group order book position amounted to a total of EUR 869.8 million as of March 31, 2011 – and consequently 3.1 percent higher than as of the December 31, 2010 reporting date (EUR 843.8 million).

Outlook

Due to the pleasing trend in new orders, centrotherm photovoltaics anticipates that revenue will continue to grow to between EUR 690 million and EUR 710 million in the 2011 financial year, accompanied by a low, double-digit EBIT margin, as communicated when the 2010 annual report was presented on March 23. "We take an optimistic view of the future because photovoltaics, in combination with other renewable energy sources, makes a key contribution to realizing an exit from the nuclear energy option", commented Robert M. Hartung, CEO and Management Board Chairman of centrotherm photovoltaics AG. "With our technology, solar electricity will become significantly cheaper over the next few years."

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centrotherm photovoltaics AG / Kinetics Germany GmbH consortium signs major order to construct fully integrated factory in Algeria

editor, 27 April 2011

- Order volume of around EUR 290 million

- Annual production capacity of 116 MWn

- First high-performance modules to be completed by 2014

A consortium consisting of centrotherm photovoltaics AG and Kinetics Germany GmbH signed an agreement this week with state utility Société Nationale de l'Electricité et du Gaz (Sonelgaz) to construct an almost fully integrated solar module factory in Algeria. This factory will impress by covering the entire solar value chain, ranging from ingot production and solar cell manufacturing through to solar module end-products, although it will not include the production of silicon as a raw material. The high degree of integration in the production of solar wafers, cells and modules allows low production costs to be achieved, thereby resulting in high-quality modules at competitive prices.

The order volume for the consortium consisting of centrotherm photovoltaics and Kinetics weighs in at around EUR 290 million, with the largest proportion of this amount being attributable to centrotherm photovoltaics, the solar specialists from Swabia in Germany. In line with centrotherm photovoltaics' company policy, the order will only be reported in the order book if certain internal criteria are satisfied, such as a pre-payment. As part of this turnkey project, centrotherm photovoltaics will deliver all of the photovoltaic systems on a turnkey basis, ranging from multi-crystalline ingot furnaces and ingot manufacturing through to module production, and it will provide support to Sonelgaz all the way through to system commissioning. Kinetics will be responsible for engineering services, construction management, the turnkey production of the building, and the technical fittings for the building.

The first high-performance modules should be produced by 2014 at the plant, which is to be constructed at Rouiba, 30 km east of the capital Algiers. These modules are primarily intended to supply the domestic market. The largest solar module factory in the African continent's second largest country will deliver an annual production capacity of around 116 megawatt peak (MWp) and is to be constructed on a land area of around 43,000 m² – which corresponds to the size of approximately six football fields.

"It gives us pleasure to be able to support Sonelgaz in this groundbreaking photovoltaic project. Our expertise as a photovoltaic technology leader, the lowest production costs per watt-peak, and our many years of experience in turnkey projects proved persuasive to our Algerian customers", commented Robert M. Hartung, CEO and Management Board Chairman of centrotherm photovoltaics AG. "Solar energy possesses great market potential particularly in very sunny countries such as Algeria, or in the Arabian region, because it is unrivalled in terms of cost compared with other energy sources."

With more than 3,000 hours of sunshine per year, Algeria is one of the countries with the highest solar radiation levels in the world. By way of comparison: annual levels of 1,500 hours of sunshine are regarded as average in Germany. According to information provided by Algerian sources, around 6 to 8 percent of electricity demand in Algeria is to be covered from renewable energy by 2020, and even as much as up to 35 percent by 2040.

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centrotherm photovoltaics looks back on successful 2010 financial year, and plans to distribute first dividend

editor, 23 March 2011

- Revenue up by 22.6 percent to EUR 624.2 million

- EBIT doubles from EUR 37.2 million to EUR 75.4 million

- Record earnings in Solar Cell & Module segment

- Revenue budgeted to grow to between EUR 690 million and EUR 710 million in 2011

- Dividend proposal of EUR 0.50 plus one-off bonus dividend of EUR 0.20 per share

With today's presentation of its 2010 annual report, centrotherm photovoltaics AG confirms its preliminary figures published on February 23, and looks back on the best financial year in the company's history. The globally leading technology and equipment supplier to the photovoltaics sector is consequently planning the payment of its first dividend to shareholders. The Management and Supervisory boards of the Southern German company will therefore propose to the Shareholders' General Meeting to be held on August 18, 2011 that it distributes a dividend of EUR 0.50 for the past financial year, plus a one-off bonus dividend of EUR 0.20 per share.

"In view of the past financial year's good earnings trend, we would like our shareholders to participate in our company's success through a dividend payment", was how Robert M. Hartung, CEO and Management Board Chairman of centrotherm photovoltaics AG, commented on today's publication of its 2010 annual report. "We regard our proposal as part of a long-term dividend policy. This means that we are also planning to distribute a dividend for the coming financial years depending on our corporate development."

Successful 2010 financial year

centrotherm photovoltaics AG continued on its growth path in 2010. New records were achieved in terms of the most important key indicators: revenue was up by 22.6 percent to EUR 624.2 million (2009: EUR 509.1 million), with the export share reaching 94.7 percent (2009: 90.7 percent). Total operating performance grew to EUR 681.2 million (2009: EUR 536.0 million). Earnings before interest, tax, depreciation and amortization (EBITDA) were up from EUR 58.6 million to EUR 101.3 million. This represents a 16.2 percent EBITDA margin on revenue (2009: 11.5 percent). Operating earnings before interest and tax (EBIT) doubled to EUR 75.4 million (2009: EUR 37.2 million), equivalent to a 12.1 percent EBIT margin (2009: 7.3 percent). centrotherm photovoltaics generated total consolidated net income of EUR 51.1 million (2009: EUR 28.5 million). 28.0 percent was achieved in terms of return on capital employed (ROCE), compared with 16.6 percent in 2009. The equity ratio rose to 49.2 percent (2009: 46.5 percent). "The figures show that our management and employees were excellently prepared to meet the solar sector's high level of demand for our technology and state-of-the-art production systems", noted Dr. Thomas Riegler, CFO of centrotherm photovoltaics AG. The Group employed a total of 1,448 staff as of the end of 2010 (2009: 1,131).

Successful 2010 financial year

The centrotherm photovoltaics Group's business success in 2010 is based mainly on its Solar Cell & Module segment, which achieved record earnings last year: revenue leapt by 68.6 percent to reach EUR 404.5 million (2009: EUR 239.9 million). This represents a 64.8 percent share of total revenue. The segment's operating earnings (EBIT) were up almost fivefold to EUR 91.6 million (2009: EUR 18.7 million), corresponding to a 22.6 percent EBIT margin (2009: 7.8 percent). This very gratifying trend mainly reflected strong demand, and high shipment volumes for our single equipment items. We delivered a total of 435 single equipment items in 2010. One R&D highlight in this segment were high-efficiency solar cells with certified 19.1 percent efficiency, which was achieved with our new centaurus rear side technology.

In the Silicon & Wafer segment, revenue declined in line with budget to EUR 201.7 million (2009: EUR 218.7 million), due to the high degree of project realization and a comparatively low shipment level. This revenue represents 32.3 percent of Group total revenue. The segment's operating earnings (EBIT) reached EUR 21.2 million (2009: EUR 30.4 million), reflecting a 10.5 percent EBIT margin (2009: 13.9 percent). Particularly outstanding events in this segment included the successful commissioning and production of first silicon at polysilicon factories in Taiwan, China and Europe, and the signing of an agreement to construct a silicon factory in Qatar comprising an order volume of around EUR 150 million.

In the Thin Film Module segment, centrotherm photovoltaics continues to concentrate on realizing its first thin film project in Taiwan. The intensive project work, and delays, as well as the continuous further development of our systems and technologies, continued to be evident in its revenue and earnings trends: total revenue of EUR 18.0 million was achieved (2009: EUR 50.6 million) – and predominantly by the wholly-owned FHR subsidiary. Among other products, FHR manufactures foil coating systems for the production of flexible solar cells and organic solar cells, which offer tremendous future potential throughout the solar energy sector. EBIT for the Thin Film Module segment amounted to minus EUR 37.4 million (2009: minus EUR 11.9 million).

Despite adjustments to the order book, the total order book position grew to EUR 843.8 million as of the year-end (2009: EUR 797.4 million). Due to a very robust trend in new orders received of EUR 1,049.8 million in the 2010 financial year, new orders breached the EUR 1 billion mark for the first time – thereby setting a new record in the company's history.

2011 outlook

As already announced at the end of February, centrotherm photovoltaics anticipates that revenue will continue to grow to between EUR 690 million and EUR 710 million in the 2011 financial year due to the pleasing new order trend, accompanied by a low, double-digit EBIT margin. "We have established a globally outstanding market position in the photovoltaic sector with our technology and production systems. We aim to exploit our business success to continue to invest heavily in R&D in order to thereby extend this technology lead, and to enable our shareholders to participate in the company's success at the same time. As a consequence, we see ourselves as excellently equipped for 2011 and the upcoming years", commented Robert M. Hartung, CEO and Management Board Chairman of centrotherm photovoltaic AG.

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centrotherm photovoltaics expands international commitment, and focuses on Indian growth market with new subsidiary in Bangalore

editor, 18 March 2011

centrotherm photovoltaics AG is strengthening its presence in Asia with its own subsidiary in the Indian economic metropolis of Bangalore. This step allows the world’s leading technology and equipment supplier to the photovoltaics sector to expand its sales and service activities in the growth market of India. At a formal opening ceremony today, representatives from the business and political arenas paid tribute to the internationally leading photovoltaics specialist's commitment within the region.

India is regarded as an important growth market in the renewable energies area: the country aims to create solar electricity capacities of around 20 gigawatts by 2022 as part of its "National Solar Mission". Fielding its highly efficient production systems and services, centrotherm photovoltaics generates cost benefits for Indian solar cell manufacturers that allow them to service the domestic sales market and gain global market shares. The "National Solar Mission" government initiative mandates that as of next year the crystalline solar cells destined for the domestic market must also be manufactured in India.

"This local content regulation will act as an additional growth driver. With our subsidiary in India we have taken a key step to tap these tremendous potentials by way of our local presence", explained Dr. Thomas Riegler, CFO of centrotherm photovoltaics AG. "Moreover, it is our declared aim to offer advanced, leading edge technology and excellent service by our closeness to customers. We have already been maintaining partnerships with our Indian customers over many years. And we are firmly convinced of the further, successful and sustained development of the Indian photovoltaics market."

India comprises a further important pillar for centrotherm photovoltaics in the Asian economic region. The company has been present to date with subsidiaries in China, Korea, Singapore and Taiwan. centrotherm photovoltaics meanwhile generates more than 80% of its sales on the Asian market. A total of 95% of sales are generated abroad.

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centrotherm photovoltaics expands production area at Blaubeuren site by one third to around 31,000 square meters

editor, 17 March 2011

- Production output boosted to over 100 systems per month

- Order levels remain high for key solar equipment

- Clear commitment to Germany as a production location

centrotherm photovoltaics AG is on course for expansion, committing investments at its Blaubeuren headquarters in view of high order volumes. In the coming months the production area at the southern German site, currently 23,000 square meters, will be extended by a third to comprise a total of some 31,000 square meters. The investment volume is in the double-digit million euro range. At Blaubeuren, the world's leading technology and equipment provider in the photovoltaics sector manufactures key equipment for the production of solar cells. This includes tube furnaces for phosphorous diffusion (POCl3) and batch-type systems for anti-reflective coating (PECVD systems) of solar cells, as well as firing furnaces in which front and rear contacts are burnt into the solar wafer at high temperatures.

"By expanding our production area we will be able to produce over 100 systems a month, thereby meeting the high level of customer demand for our key equipment - both promptly and in excellent quality", said Dr. Dirk Stenkamp, Chief Operating Officer (COO) and Board Member of centrotherm photovoltaics AG. "At the same time, this expansion in Blaubeuren is a clear commitment to Germany as a manufacturing location, as well as the region of Baden-Württemberg." The investment will also create new training and job vacancies at centrotherm photovoltaics as well as among its suppliers.

Over the last months, production capacity has already been significantly expanded by means of optimized structures and processes. Manufacturing output already tripled in 2010 to a level of 60 systems per month. With new record order levels of more than one billion euros (1,049.8 million euros) in fiscal 2010, centrotherm photovoltaics has equipment orders on hand to take the company well into 2011.

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centrotherm photovoltaics sells turnkey module line to Austrian customer Kioto Photovoltaics

editor, 02 March 2011

- 50 megawatt turnkey system to start production in second half of 2011 in Carinthia

- Order volume in single-digit, million euro range

centrotherm photovoltaics AG, a pioneer in the turnkey production of crystalline solar cells, has sold a turnkey module line to Austria. Kioto Photovoltaics GmbH is investing a single-digit amount in millions of euros for a turnkey 50 megawatt system to manufacture crystalline solar modules. The agreement with the solar module and turnkey photovoltaic powerplant manufacturer from Veit/Glan near Klagenfurt was signed recently, and a prepayment has already been made.

"In Kioto Photovoltaics, we have gained an innovative European customer and professional development partner”, commented Dr. Peter Fath, Management Board member responsible for Technology and Marketing at centrotherm photovoltaics. "Our aim is to support Kioto in further reducing their manufacturing costs, and in becoming a premium cost-leader in module production within Western Europe."

The turnkey system will be delivered to Kioto Photovoltaics in the second quarter of this year, and the first solar modules will be produced from the start of the third quarter of 2011.

"We are confident of a significant competitive advantage as the result of deploying state-of-the-art technology from market leader centrotherm", commented Ingram Eusch, Managing Director of Kioto Photovoltaics GmbH, which is thereby expanding its production capacity to 120 megawatts. "Innovations enjoy a high priority for both centrotherm and us, which gives rise to an interesting development partnership."

centrotherm photovoltaics' partner for the turnkey module line is Reis GmbH & Co. KG Maschinenfabrik in Obernburg am Main. Reis Robotics, the global market leader for automation systems in the photovoltaic industry, will supply the automation technology and linking system for the turnkey module line. A cooperation agreement has existed since April 2010 between Reis Robotics and centrotherm photovoltaics, which commands more than 30 years of photovoltaic experience.

The globally leading provider of technology and equipment to the photovoltaic sector guarantees important performance parameters for crystalline module manufacturing – as also with other centrotherm photovoltaics turnkey products in the solar cell area.

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