centrotherm photovoltaics expands thin-film activities
31.01.2008
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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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31 January 2008 - centrotherm photovoltaics AG is expanding its activities in
the area of thin-film technologies: the TecDax-listed company is constructing a
Research & Development Centre in Blaubeuren, which is due for completion as
early as the second quarter of this year. It will include a thin-film laboratory
with modern analysis machines and pilot fabrication for so-called CIGS (copper
indium gallium selenide) lines. CIGS is currently the most efficient form of
thin-film technology, achieving a rate of 19.9 percent in research settings. The
new Research & Development Centre is also set to feature an application
laboratory, which can be used for testing by customers and staff. The centre
will employ approximately 20 members of staff.
The expanded activities in the areas of research and development and thin-film
technology are in line with the stated objectives of centrotherm photovoltaics.
At the time of its IPO in October 2007, the company announced that the issue
proceeds would be invested in these two areas. "Our objective is to enhance our
technological expertise and further increase the efficiency of our production
lines," says Robert Hartung, CEO of centrotherm photovoltaics AG. "We are aiming
for a guaranteed rate of 10 percent in the production process." The
Blaubeuren-based company is the world´s only provider of turnkey lines with CIGS
technology.
As part of its expansion of thin-film activities, centrotherm photovoltaics has
succeeded in recruiting another expert in the field. Dr. Immo Kötschau (38)
joined the company starting 01 January 2008, as Director of Research and
Development in the thin-film segment. He will head the new Research Centre.
Before coming to centrotherm, Canadian-born Kötschau worked in thin-film process
development at the Hahn-Meitner Institute (HMI) in Berlin. Like the Institut für
Physikalische Elektronik (IPE) in Stuttgart, where Mr. Kötschau earned his
doctorate in 2002, the HMI ranks among the top research institutions in the area
of thin-film technologies.
About centrotherm photovoltaics AG
centrotherm photovoltaics AG is a leading international provider of technology
and services for the production of solar cells and solar silicon. The broad
range of products ranges from key equipment and turnkey production lines through
to complete solar factories. Business operations currently focus on the growth
market of Asia. The international customer base includes well-known companies
from the solar sector. The company, which is based in Blaubeuren near Ulm,
currently has more than 230 employees.
end of announcement euro adhoc
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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
=-------------------------------------------------------------------------------
31 January 2008 - centrotherm photovoltaics AG is expanding its activities in
the area of thin-film technologies: the TecDax-listed company is constructing a
Research & Development Centre in Blaubeuren, which is due for completion as
early as the second quarter of this year. It will include a thin-film laboratory
with modern analysis machines and pilot fabrication for so-called CIGS (copper
indium gallium selenide) lines. CIGS is currently the most efficient form of
thin-film technology, achieving a rate of 19.9 percent in research settings. The
new Research & Development Centre is also set to feature an application
laboratory, which can be used for testing by customers and staff. The centre
will employ approximately 20 members of staff.
The expanded activities in the areas of research and development and thin-film
technology are in line with the stated objectives of centrotherm photovoltaics.
At the time of its IPO in October 2007, the company announced that the issue
proceeds would be invested in these two areas. "Our objective is to enhance our
technological expertise and further increase the efficiency of our production
lines," says Robert Hartung, CEO of centrotherm photovoltaics AG. "We are aiming
for a guaranteed rate of 10 percent in the production process." The
Blaubeuren-based company is the world´s only provider of turnkey lines with CIGS
technology.
As part of its expansion of thin-film activities, centrotherm photovoltaics has
succeeded in recruiting another expert in the field. Dr. Immo Kötschau (38)
joined the company starting 01 January 2008, as Director of Research and
Development in the thin-film segment. He will head the new Research Centre.
Before coming to centrotherm, Canadian-born Kötschau worked in thin-film process
development at the Hahn-Meitner Institute (HMI) in Berlin. Like the Institut für
Physikalische Elektronik (IPE) in Stuttgart, where Mr. Kötschau earned his
doctorate in 2002, the HMI ranks among the top research institutions in the area
of thin-film technologies.
About centrotherm photovoltaics AG
centrotherm photovoltaics AG is a leading international provider of technology
and services for the production of solar cells and solar silicon. The broad
range of products ranges from key equipment and turnkey production lines through
to complete solar factories. Business operations currently focus on the growth
market of Asia. The international customer base includes well-known companies
from the solar sector. The company, which is based in Blaubeuren near Ulm,
currently has more than 230 employees.
end of announcement euro adhoc
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