Corporate | 11 June 2008 10:07
COLEXON Energy AG / Contract
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COLEXON Energy AG, a leading system integrator for turnkey solar power
plants, today has signed a framework contract with Moser Baer Photo
Voltaics Ltd on the delivery of solar modules of a total of over 130
Megawatt peak until the year 2012. The contract consists of a fixed and an
optional volume which can be ordered according to market conditions. From
the fourth quarter of 2008 until the first half of 2009, COLEXON will
procure mostly amorphous modules, from the second half of 2009 onwards
innovative micro-amorphous thin-film modules.
The production of mirco-amorphous thin-film modules is considered to be one
of the most promising photovoltaic technologies. According to market
experts, the advantages are to be seen in the cost effective production
process which consumes fewer raw material as well as in the higher
efficiency compared to amorphous modules. The large module size - with 5.7
sqm Moser Baer modules will be of the largest in the world - allows for
considerable cost saving potential in sub-construction and cable material.
Depending on the installation (building-integrated, roof-top or open
field), these modules can also be delivered half or quarter sized. The
micro-amorphous modules will be manufactured in Moser Baer Photovoltaic’s
facilities in New Delhi India, using a fully automated Gen 8.5 production
line of the US-based supplier Applied Materials.
As one of the first players of the industry, COLEXON has specialised on
thin-film projects already since 2005. With this contract, COLEXON
continues its strategy to consequently implement its expertise in thin-film
technology.
About Moser Baer Photo Voltaic Ltd
Moser Baer Photo Voltaic incorporated in New Delhi, a wholly owned
subsidiary of Moser Baer India Ltd, in the business of photovoltaic (PV)
cells and modules. MBPV plans to manufacture solar cells and modules by
straddling multiple technologies including crystalline silicon,
concentration and thin films. The manufacturing facilities are housed in a
renewable energy SEZ at Greater Noida.
The parent company, Moser Baer India Limited is a global technology
company. It is the second largest manufacturer of optical storage media in
the world and has business interests in Solar Energy, Entertainment and IT
Peripherals & Consumer Electronics. MBIL reported revenues of around Rs
2,000 cr in FY07. Please also see www.moserbaer.in; www.moserbaerpv.in
About COLEXON Energy AG
COLEXON Energy is one of the leading manufacturer-independent system
integrators in the photovoltaic sector. The operative subsidiaries design
and install turnkey photovoltaic plants for institutional and private
investors in Germany and abroad. COLEXON Energy AG is listed in the Prime
Standard at the German Stock Exchange in Frankfurt.
COLEXON exhibts at INTERSOLAR in Munich from 11th to 13th June in hall C3,
booth 550.
Contact:
COLEXON Energy AG
Heike Oelze
Email: oelze@colexon.de
Tel: +49 40 280031-0
Fax: +49 40 280031-101
11.06.2008 Financial News transmitted by DGAP
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Language: English
Issuer: COLEXON Energy AG
Große Elbstraße 45
22767 Hamburg
Deutschland
Phone: +49(0)40 280031-0
Fax: +49(0)40 280031-101
E-mail: oelze@colexon.de
Internet: www.colexon.de
ISIN: DE0005250708
WKN: 525070
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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