DGAP-News: TSMC and CENTROSOLAR Sign Solar Module Manufacturing Agreement
(firmenpresse) - DGAP-News: Centrosolar Group AG / Key word(s): Contract
TSMC and CENTROSOLAR Sign Solar Module Manufacturing Agreement
11.01.2011 / 07:30
---------------------------------------------------------------------
Munich, Germany and Hsinchu, Taiwan, R.O.C. - January 11, 2011 - TSMC
(TWSE:2330, NYSE:TSM) and CENTROSOLAR Group AG today announced that the two
companies have signed an agreement which makes CENTROSOLAR the exclusive
European manufacturer of crystalline solar modules for TSMC.
Under the agreement, CENTROSOLAR will supply TSMC with an initial module
capacity of 100 MWp per year using solar cells provided by TSMC. The
companies are also discussing the possibility of further collaboration in
the areas of product development and process engineering. CENTROSOLAR will
build up the capacity required for this agreement in a new production
building adjacent to its plant in Wismar, Germany, and the first deliveries
under the agreement are due in the third quarter of 2011. TSMC and
CENTROSOLAR will not make public the financial terms of the manufacturing
agreement.
'We are delighted to have this opportunity to work with CENTROSOLAR and to
offer a true premium module as our first product, and we look forward to
closer collaboration in the future,' said Ying-Chen Chao, Senior Director
in charge of TSMC's solar PV business. 'This agreement with CENTROSOLAR
complements our efforts in developing thin-film solar products, as it
allows us to address a broader range of market segments and serve our
European customers together with another trusted name.'
'This agreement proves that we are perhaps the most efficient and
highest-quality manufacturer of solar modules in Europe,' remarked Dr.
Alexander Kirsch, CEO of CENTROSOLAR. 'It also demonstrates that it is
possible to keep manufacturing premium modules in Germany on a long-term
competitive basis,' continued Kirsch.
The construction of a new production hall and warehouse in Wismar will give
CENTROSOLAR the space to increase its existing capacity from currently 200
MWp to up to 500 MWp per year in line with demand. This will equip the
company for further growth from both its own business and from contract
manufacturing. The first phase, which is to be completed by the third
quarter, will add an additional 150 MWp of manufacturing capacity and
provide an additional 300 job opportunities in Wismar, bringing the
workforce there to 700. Once the new facilities are fully equipped,
CENTROSOLAR will potentially have a workforce of over 1,000 people at
Wismar.
About CENTROSOLAR
The listed company CENTROSOLAR Group AG, Munich, (stock exchange code WKN
514850) is one of the leading suppliers of photovoltaic (PV) systems for
roofs and key components, with over 1,000 employees in Europe and the USA
and annual revenue in excess of EUR 300 million (2009). Its product range
comprises solar integrated systems, modules, inverters, mounting systems
and solar glass. It generates around half its revenue internationally.
There are CENTROSOLAR branches in Spain, Italy, France, Greece,
Switzerland, the Netherlands, UK, Canada and the USA. The module plant
certified to DIN ISO 9001:2008 in Wismar is one of the largest and most
efficient such plants in Europe, with an annual capacity currently of 200
MWp. For further information, visit: www.centrosolar-group.com.
About TSMC
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) is the world's
largest pure-play semiconductor foundry, and transformed the semiconductor
industry with its pioneering business model of focusing solely on
manufacturing customers' semiconductor designs. Headquartered in Hsinchu,
Taiwan, TSMC serves more than four hundred customers and manufactures over
seven thousand products for them each year, representing almost 8 percent
of global IC wafer shipments. In 2009, TSMC began pursuing further growth
through new businesses, focusing on solar energy and LED lighting. In 2010,
TSMC has established TSMC Solar Europe GmbH with headquarters in Hamburg,
Germany. For more information about TSMC please visit http://www.tsmc.com.
# # #
For further information please contact:
TSMC:
Acting Spokesperson
Elizabeth Sun
Director
Corporate Communication Division
Tel: 886-3-568-2085
Mobile: 886-988-937999
E-Mail: elizabeth_sun(at)tsmc.com
CENTROSOLAR:
Georg Biekehör
MetaCom Corporate Communications GmbH
Tel.: +49 (0) 6181 982 80 30
E-Mail: g.biekehoer(at)go-metacom.de
End of Corporate News
---------------------------------------------------------------------
11.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Centrosolar Group AG
Walter-Gropius-Str. 15
80807 München
Deutschland
Phone: +49 (0)89 20 1800
Fax: +49 (0)89 20 180 555
E-mail: info(at)centrosolar.com
Internet: www.centrosolar.com
ISIN: DE0005148506
WKN: 514850
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
108572 11.01.2011
Datum: 11.01.2011 - 07:30 Uhr
Sprache: Deutsch
News-ID 32976
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 177 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: TSMC and CENTROSOLAR Sign Solar Module Manufacturing Agreement"
steht unter der journalistisch-redaktionellen Verantwortung von
Centrosolar Group AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
