DGAP-News: SINGULUS TECHNOLOGIES AG: SINGULUS TECHNOLOGIES extends Technology Leadership in CIGS/CIS Growth Market with new Processing System
(firmenpresse) - DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Miscellaneous
SINGULUS TECHNOLOGIES AG: SINGULUS TECHNOLOGIES extends Technology
Leadership in CIGS/CIS Growth Market with new Processing System
13.10.2011 / 07:30
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Press Information
SINGULUS TECHNOLOGIES extends Technology Leadership in CIGS/CIS Growth
Market with new Processing System
- SINGULUS introduces new vacuum coating system
- First order already received
- Rising demand for efficient processes and development tools
- CIGS/CIS one of the most promising PV technologies
Kahl am Main, October 13, 2011 - SINGULUS TECHNOLOGIES AG (SINGULUS) is
unveiling a new processing system for vacuum-coating CIGS/CIS thin-film
solar cells. The new system responds to current demand in the photovoltaic
industry for development tools that enhance the efficiency of thin-film
solar cells, while cutting production costs. SINGULUS is already able to
report its first order for such a system. The main advantage of the new
system is that it can be used for vertical vacuum-based coating of glass
substrates. This gives SINGULUS access to a new field of operations in the
high-growth market for thin-film photovoltaics and adds another production
stage to its range of processing systems for the manufacture of CIGS/CIS
cells. Dr. Ing. Stefan Rinck, CEO of SINGULUS TECHNOLOGIES AG, remarked:
'We are now in a stronger position as a partner of thin-film solar
manufacturers. Our ideas and product solutions pave the way for using and
developing processes that help significantly reduce the production costs of
thin-film modules per watt-peak.
CIGS/CIS technology, which is based on a semiconductor layer made from
copper (Cu), indium (In) and selenium (Se) along with gallium (Ga) and
sulphur (S), is regarded as one of the most promising PV technologies.
Compared to technologies based on cadmium telluride (CdTe) or
monocrystalline or amorphous sulphur, copper-based semiconductor compounds
offer considerable future potential in terms of cost per watt and
efficiency. In its recently published 'PV Status Report 2011' the Joint
Research Centre of the European Commission anticipates that the market
shares of thin-film technologies will rise to 21 percent (17 GW) in 2012
and reach 26 percent (27 out of 102 GW) in 2015. The current challenges
include steadily increasing efficiency, which has already reached around 20
% in pre-industrial production, and reducing the manufacturing costs so
that the technology can compete with crystalline modules in the long term.
Enabler in the photovoltaic industry
Through its TENUIS GEN2, VITRUM GEN2 and CISARIS systems, SINGULUS
TECHNOLOGIES supplies wet-chemical processing and selenization systems for
second-generation CIGS/CIS cells and has thus positioned itself at the
vanguard of technology leaders for pioneering development and production
systems. The new vacuum-coating system adds a further production stage to
its portfolio, which already spans the key processes of CIGS/CIS cell
production. In light of the anticipated volume of investment in production
lines for CIGS/CIS thin-film solar cells, SINGULUS believes the long-term
prospects of the solar segment to be bright. Through its new system
concepts and innovative processes, the company is promoting the development
of solar technology, which will play an increasingly important role in the
global energy mix.
Profile SINGULUS TECHNOLOGIES AG:
SINGULUS TECHNOLOGIES continues to expand its activities in the Solar and
Optical Disc segments. Its aim is to position itself as a machinery
supplier and development partner for new cell concepts in the field of
silicon and thin-film solar technology, and to increase its technological
leadership in the Optical Disc segment. Its business activities in the
nanotechnology operations area are being sharply intensified along with
growth in the market for MRAM semiconductor technology. The company is also
examining other industries and areas where new market segments could be
tapped using its existing expertise in the field of vacuum coating
technology.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations,
Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924
End of Corporate News
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13.10.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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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)go-metacom.de
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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142142 13.10.2011
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Datum: 13.10.2011 - 07:30 Uhr
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