DGAP-Media: 3W Power Holdings S.A. / AEG Power Solutions : AEG Power Solutions Receives EUR36 Million Order for Delivery of Power Supply Systems for Polysilicon Manufacturing Process
(firmenpresse) - DGAP-Media: 3W Power Holdings S.A. / AEG Power Solutions / Key
word(s): Energy/
3W Power Holdings S.A. / AEG Power Solutions : AEG Power Solutions
Receives EUR36 Million Order for Delivery of Power Supply Systems for
Polysilicon Manufacturing Process
01.02.2011 / 08:30
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Feb.1, 2011
AEG Power Solutions Receives EUR36 Million Order for Delivery of Power
Supply Systems for Polysilicon Manufacturing Process
Belecke, Germany- February 1, 2011- AEG Power Solutions (AEG PS) and
GCL-Poly Energy Holdings Limited, Hong Kong, signed at the end of 2010 a
contract for Thyrobox(TM) M power supply systems to support GCL-Poly in
achieving its goal to expand its position as one of the leading polysilicon
and wafer suppliers in the world. The value of the contract totals EUR36
million.
AEG Power Solutions, wholly-owned by 3W Power Holdings S.A. (Euronext
Amsterdam 3WP, Frankfurt 3W9, ISIN GG00B39QCR01, WKN A0Q5SX), is a global
provider of premium power electronics. GCL-Poly is delivering high quality
and low cost silicon products to the solar industry and is headquartered in
Hong Kong with its principal business operations based in mainland China.
Thyrobox(TM) M, AEG PS's latest modular system, is the world's most compact
power solution for polycrystalline silicon deposition process. Depending
on the type of reactor, its footprint is about 25% smaller than previous
Thyrobox solutions, and up to 70% smaller than competing products. The
compact design reduces installation, commissioning and maintenance costs
for the entire energy supply as well as building costs. With advanced
process monitoring capabilities, a 0.95 power factor and more than 99%
energy efficiency, the Thyrobox(TM) M delivers unprecedented performance,
reliability and stability to polysilicon manufacturers worldwide.
After a decline and a steady period, the market for polysilicon is showing
signs of new growth, reflected by the number of new projects and capacity
expansions launched currently on a global base.
For many years, AEG Power Solutions has maintained excellent business
relations with GCL-Poly and proved to be one of their premium suppliers and
technology partners.
'The Chinese market, and especially the market for solar products, is
growing quickly and remains one of our business focuses for the coming
years. With the latest contract, GCL-Poly confirms the existing partnership
and proves its confidence in AEG PS as one of their leading technology
suppliers. We feel very honoured that we have been chosen to contribute to
GCL's success,' states Gladwyn De Vidts, AEG Power Solutions' Vice
President Power Control Systems.
'About 4 years ago, we started our cooperation with AEG PS, one of the top
global power system technology suppliers. It is our strategy to work only
with manufacturers that offer premium quality products. We are happy to
reinforce our good relationship with AEG PS,' says Mr. Shu Hua, the
Executive Director and President of GCL-Poly.
About GCL-Poly Energy Holdings Limited (stock code: 3800. HK)
GCL-Poly Energy Holdings Limited is China's largest polysilicon producer
and one of the world's leading wafer suppliers and also a top green energy
enterprise in China.Annual polysilicon production capacity attained 21,000
MT at the end of 2010, and the quality of polysilicon products reached
electronic grade level. The Group's wafer production capacity already
achieved 3.5 GW at the end of November 2010. In addition, the Group owns a
20MW solar farm in Xuzhou, Jiangsu province, which is currently the largest
solar farm in China.
For more information about GCL-Poly, please visit the company's website at
www.gcl-poly.com.hk
About AEG Power Solutions
AEG Power Solutions is a world-leading provider of premium power
electronics. It offers one of the world's most comprehensive product and
service portfolios in power conversion and control, for customers spanning
the infrastructure markets of energy, telecom, lighting, transportation and
general industrial sectors. System solutions from AEG PS are designed to
interface with the electrical power grid and to offer power solutions for
mission-critical applications in harsh environments, such as power plants,
offshore oil rigs, chemical refineries, and utility-scale renewable energy
plants. The company has developed a full range of products for the solar
energy industry, from solar inverters to turnkey solutions and is investing
in solutions that will enable distributed power generation and smart
micro-grids. Renowned for engineering excellence, the company's customers
benefit from 60 years of expertise and field-proven products.
AEG PS generated revenue of EUR400 million in 2009 with more than 1,500
employees around the world.
3W Power Holdings S.A. is the holding company of AEG Power Solutions Group.
Shares and Warrants in the company are admitted to trading on NYSE
Euronext, Amsterdam (ticker: 3WP and 3WPW, respectively). Shares are also
traded on the Frankfurt Stock Exchange (ticker: 3W9).
This communication does not constitute an offer or the solicitation of an
offer to buy, sell or exchange any securities of 3W Power. This
communication contains forward-looking statements which include, inter
alia, statements expressing our expectations, intentions, projections,
estimates, and assumptions. These forward-looking statements are based on
the reasonable evaluation and opinion of the management but are subject to
risks and uncertainties which are beyond the control of 3W Power and, as a
general rule, difficult to predict. The management and the company cannot
and do not, under any circumstances, guarantee future results or
performance of 3W Power and the actual results of 3W Power may materially
differ from the information expressed or implied in the forward-looking
statements. As a result, investors are cautioned against relying on the
forward-looking statements contained herein as a basis for their investment
decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking
statement contained herein.
For more information: www.aegps.com
Media relations:
Ute von Cranach
T: + 49 (0) 29 02 76 32 56
E: ute.voncranach(at)aegps.com
Jan Hoppe
Burson-Marsteller
T: +49 (0)69 2 38 09 59
E: jan.hoppe(at)bm.com
End of Media Release
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Language: English
Company: 3W Power Holdings S.A. / AEG Power Solutions
Weerenweg 29
1161 AH Zwanenburg
Niederlande
Phone: +31 20 4077 800
Fax: +31 20 4077 801
E-mail: claire.pairault(at)aegps.com
Internet: www.aegps.com
ISIN: GG00B39QCR01
WKN: A0Q5SX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, München, Stuttgart
End of News DGAP-Media
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110625 01.02.2011
Datum: 01.02.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 33103
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