EANS-News: centrotherm photovoltaics AG / centrotherm photovoltaics announces successful ramp-up of silicon production for further customer in China

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Company Information

Blaubeuren (euro adhoc) - Blaubeuren, August 18, 2009 - The silicon
division of centrotherm photovoltaics AG has just marked up an
additional success: the company's one hundred percent subsidiary,
centrotherm SiTec GmbH, has put a plant into operation to manufacture
polysilicon at its customer Shaanxi Tianhong Silicon Industrial
Corporation at Xian City in China. centrotherm SiTec, in which
centrotherm photovoltaics has bundled its silicon expertise since
autumn 2008, created the factory concept, developed the process flow,
and provided assistance for planning and implementation. The key
equipment was also sourced from Blaubeuren. The initial development
step entails annual production of around 1,250 tons of polysilicon.
The production is prospectively targeting microelectronics quality,
as required particularly for chip manufacturing, as well as for solar
cells.

"This project represents a milestone for us, because we have rendered
core services for Shaanxi in connection with the creation of a
complete silicon factory," commented Robert M. Hartung, CEO of
centrotherm photovoltaics. "Shaanxi is a further example that shows
that silicon projects can also be implemented in the current
difficult market environment. Our strong market position in Asia and
our customers' long-term investment horizons help us to continue to
grow, also in periods of crisis." It was only as recently as March
2009 that centrotherm photovoltaics successfully started to operate
its first polysilicon equipment, and produce silicon for the first
time at the production location of an Asian customer. Dr. Albrecht
Mozer, CEO and CTO of centrotherm SiTec, emphasized the following
point: "The realization of this project allows us to show that we can
supply the complete process on a single source basis, all the way
from designing and planning, through the provision and installation
of the key equipment, and on to the start of operations." With this
second success in Asia, centrotherm photovoltaics is underscoring its
expertise in the silicon production area, and affirming the potential
of this business area.

About centrotherm photovoltaics AG centrotherm photovoltaics AG,
headquartered in Blaubeuren, is one of the world's leading technology
and equipment providers for the manufacturing of solar silicon,
crystalline solar cells and CIGS thin film modules. The broad product
spectrum comprises key equipment and turnkey production lines for
crystalline and thin film solar cells. The product range is
supplemented by reactors and converters for the manufacturing of
solar silicon. centrotherm photovoltaics guarantees its customers
important performance parameters such as production capacity, degree
of efficacy, and completion deadlines for turnkey lines. The Group
employs around 1,100 staff members, and operates in Europe, Asia and
the USA. centrotherm photovoltaics achieved revenue in the 2008
financial year of EUR375 million, EBIT of EUR56 million*, and is
listed in the TecDax of the Frankfurt Securities Exchange. (*before
purchase price allocations)

centrotherm photovoltaics AG Johannes-Schmid-Strasse 8 89143
Blaubeuren Internet: www.centrotherm.de ISIN: DE000A0JMMN2 WKN:
A0JMMN Admitted to the Regulated Market/Prime Standard, Frankfurt
Securities Exchange Corporate domicile: Germany

end of announcement euro adhoc
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ots Originaltext: centrotherm photovoltaics AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Company contact:

Saskia Schultz-Ebert

Senior Manager Investor Relations

Tel: +49 7344 918-8890

E-mail: saskia.schultz-ebert@centrotherm.de

Press contact:

Christina Siebels, Grit Pauli

HOSCHKE & CONSORTEN Public Relations GmbH

Tel: +49 40 3690 50-58 /-31

E-mail: c.siebels@hoschke.de; g.pauli@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Index: TecDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade