Corporate | 23 December 2011 08:56
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SINGULUS TECHNOLOGIES AG / Key word(s): Miscellaneous
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 m² the 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 cm² CIS 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:
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,
Contact:
Contact: 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 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 |
| 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@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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| 150856 23.12.2011 |