DGAP-News: SINGULUS TECHNOLOGIES and M*Cells Sign Framework Contract for the Delivery of 16 Machines for the Production of PERC Solar Cells
(firmenpresse) - DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Agreement/Disposal
SINGULUS TECHNOLOGIES and M*Cells Sign Framework Contract for the
Delivery of 16 Machines for the Production of PERC Solar Cells
12.09.2013 / 16:25
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Press release
SINGULUS TECHNOLOGIES and M*Cells Sign Framework Contract for the Delivery
of 16 Machines for the Production of PERC Solar Cells
- First machine to be delivered in Q1/2014
- Technologic cooperation for the manufacturing of highly efficient
crystalline silicon cells further expanded
- Requirements of the Chinese government with respect to cell efficiency
met
Kahl am Main, September 12, 2013 SINGULUS TECHNOLOGIES (SINGULUS), supplier
of production equipment for silicon and thin-film solar cells, signed a
framework agreement with M*Cells, one of the globally-leading solar cell
producers from China, for the delivery of up to 16 vacuum coating machines.
The contract between M*Cells and SINGULUS includes an option for the
purchase of SINGULAR XP machines in the double-digit million range. The
SINGULAR XP vacuum coating equipment is intended for the rear side
passivation of crystalline PERC solar cells in the production of 500 MW
highly efficient multi-cells. The delivery for the first machine to China
is already scheduled for the 1st quarter 2014.
SINGULUS TECHNOLOGIES and M*Cells signed a respective framework agreement
at SINGULUS' site in Kahl am Main on September 12, 2013. For Dr.-Ing.
Stefan Rinck, CEO of SINGULUS TECHNOLOGIES, and the Vice General Manager of
M*Cells, Mr. Ximing Zhou, the cooperation in the area of solar cell
production is an explicit goal for both companies.
The vacuum coating machine SINGULAR XP is intended for the passivation of
cells' rear side at M*Cells' factory in China. The SINGULAR XP is
specifically designed for the production capacity of a typical cell
production line. In addition, SINGULUS' machine provides the advantage that
the two layer systems required for the rear side passivation, aluminum
oxide (AIOx) and silicon nitride (SiNx) can be applied without
discontinuation of the vacuum. Due to its compact assembly the SINGULAR XP
machine is ideally suited for the integration as an upgrade for existing
cell production lines.
With the further increase of the present cell efficiency at M*Cells through
the use of the SINGULAR XP, M*Cells' competitiveness in the solar industry
also improves. This should meet the Chinese government's requirement of an
efficiency of polycrystalline solar cells of at least 18 % in the future.
Dr.-Ing. Stefan Rinck comments: 'The increase in efficiency of solar cells
is extremely important. We are convinced that we will be able to combine
the latest and cutting-edge technology from Germany with M*Cells' know-how
for a mutual success.' The Vice General Manager of M*Cells, Mr. Ximing
Zhou, adds: 'M*Cells has already reached important milestones in the area
of multi-cell efficiency and I firmly believe that together with SINGULUS
we will make rapid progress for M*Cells to continue its leading position in
the international solar cell market.'
Background PERC:
The trend in the solar industry towards ever thinner wafers for crystalline
solar cells with higher levels of efficiency at the same time requires an
improved surface passivation of the cell rear side. In 2012 SINGULUS
TECHNOLOGIES cooperated with the Institute for Solar Energy Research Hameln
(ISFH) for the further development of the cell technology. In this
cooperation it was possible to enhance the efficiency of screen printing
silicon solar cells from the customary range of 17.0 % to 18.5 % in the PV
industry to a record level of 20.1 %.
Background M*Cells
Zhejiang Fortune Photovoltaic Co., Ltd. (well-known as M*Cells) is one of
the leading international solar cells manufacturers and specialized in
research&development, manufacturing and marketing of solar cells, module
and photovoltaic power system made of mono and poly silicon.
M*Cells covers 90 thousand square meters and have 154 million Yuan
registered capital with total investment of 680 million Yuan. Its annual
solar cells production capacity of the first workshop reaches 500MW.
Currently, the second project is ongoing. M*Cells takes a leading place in
multicrystalline solar cells, the efficiency has reached a high level close
to 18%.
M*Cells is in compliance with the principle that technology comes first and
it meets customers' need with first-class products, superior service and
continuous improvement. Through accurate positioning and strong
development, the company got the certification of ISO9001: 2008 quality
management system and National High-tech Enterprise.
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES develops innovative technologies for efficient
production processes, which only make use of resources conservatively. New
production technology combined with sustainable processes and the use of
novel materials can decouple the use of resources from economic growth in
the long-term. SINGULUS TECHNOLOGIES' innovative power and competitiveness
are strengthened by these new technologic developments.
With its Optical Disc segment SINGULUS TECHNOLOGIES is the market leader
for Blu-ray as well as CD and DVD production equipment. As the only
engineering company worldwide SINGULUS TECHNOLOGIES today already provides
the machine technology for three-layer Blu-ray Discs with a storage volume
of about 100 GB.
In the Solar division SINGULUS TECHNOLOGIES is a recognized supplier for
new machines concepts and production processes for crystalline and
thin-film solar cells, which increase the efficiency of solar cells and
reduce their production costs. SINGULUS TECHNOLOGIES establishes itself as
a development partner and machine supplier for technologies enabling a
sustainable energy provision on the basis of renewable energies.
In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its activities
on the vacuum coating of wafers with ultra thin layers for the production
of MRAM memory, thin-film write/read heads and other semiconductor
applications.
To strengthen and further develop the existing business areas the company
pursued the targeted development of new products and application areas
based on its core competencies in order to open new markets with this. This
strategic further development of the existing product portfolio by internal
measures is in the focus in the business year 2013. At the same time
reasonable acquisition opportunities to strengthen the sustainable
development of SINGULUS TECHNOLOGIES are still reviewed.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
E-Mail: bernhard.krause(at)singulus.de
End of Corporate News
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Language:English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Phone: +49 (0)1709202924
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause(at)singulus.de
Internet: www.singulus.de
ISIN: DE0007238909, DE000A1MASJ4
WKN: 723890, A1MASJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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