DGAP-News: Avancis Opens 100 MWp CIS Production Site - SINGULUS' Machines Key Components
(firmenpresse) - DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Miscellaneous
Avancis Opens 100 MWp CIS Production Site - SINGULUS' Machines Key
Components
23.12.2011 / 08:56
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Press Release
Avancis Opens 100 MWp CIS Production Site - SINGULUS' Machines Key
Components
- Avancis starts new CIS production
- Acceptance for selenization successful
- Award for SINGULUS as a supplier
Kahl am Main, December 23, 2011 - Avancis, the leading manufacturer of CIS
solar modules, has commenced the production in its second factory at the
company headquarters in Torgau, Saxony. The new production site for
ultra-modern CIS solar modules has on overall capacity of 100 megawatt peak
(MWp) per year. With the new factory Avancis expands its annual production
capacity from currently 20 MWp to 120 MWp in total. On an area of 25,000 m²the company will manufacture more than 800,000 efficient CIS solar modules
annually at full production. Avancis had just recently achieved a new
efficiency record of 15.8 % in the laboratories with a 30 x 30 cm²CIS
solar module.
The SINGULUS TECHNOLOGIES AG (SINGULUS) supplied 3 selenization machines
for this CIS production and already successfully realized the technical
acceptance in November 2011.
Hartmut Fischer, CEO of Avancis, comments: 'Our new factory is currently
state-of-the-art in terms of production in the CIS area: developed and
built by our own factory planning team and equipped with the most modern
machines of established German engineering companies, we will manufacture
the next generation of ultra-modern CIS solar modules here'. In the course
of the opening on December 16, 2011 SINGULUS was awarded by Avancis as one
of the three best suppliers for on-time delivery of the selenization
machines as well as the quick commissioning.
Dr.-Ing. Stefan Rinck, CEO of SINGULUS, adds: 'We are pleased to receive
the award as a supplier and will certainly also attempt to meet this
standard with the delivery of further selenization machines to the FAB 2.'
About AVANCIS:
AVANCIS develops and produces thin-film photovoltaic modules based on CIS
(copper indium selenide) technology. The innovative manufacturing process
relies on the third generation CIS technology developed by the AVANCIS
Research&Development department in Munich. The production capacity of the
first factory at the company headquarters in Torgau amounts to 20 megawatt
peak per year (MWp/a). The company is currently building a second factory
in Torgau with an annual capacity of 100 MWp/a.
Siemens, Shell and Saint-Gobain are some of the big names that helped
cultivate the technology now available from AVANCIS while it was still in
its infancy. The successes achieved in the field of photovoltaics are
largely due to their efforts. As a wholly-owned subsidiary of Saint-Gobain
since autumn 2009, AVANCIS benefits from Saint-Gobain's many years of
expertise in glass coating and heat treatment, both core competencies of
this leading global construction and automotive glass supplier.
Profile SINGULUS TECHNOLOGIES AG:
SINGULUS TECHNOLOGIES continues to expand its activities in the segments
Solar and Optical Disc. The goal is to attain a leading position in the
silicon and thin-film solar technology as a machine supplier as well as a
development partner for new cell concepts and to further extend the
technologic leadership in the Optical Disc segment. In the past couple of
months SINGULUS has noticed increased activities in the area of MRAM memory
by large semiconductor companies. SINGULUS expects that the development of
MRAM memory will be further progressing. SINGULUS' vacuum coating machine
TIMARIS is already being utilized by customers to develop MRAM wafers.
SINGULUS considers itself to be in an exceptional starting position for the
upcoming growth market of MRAM memory. In addition, the company reviews
other sectors and work areas, where new market segments can be developed on
the basis of the present know-how in the area of vacuum coating.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 16096090279
Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 1709202924
End of Corporate News
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23.12.2011 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
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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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