EANS-News: Upturn in turnkey business: two major Chinese companies order turnkey lines to produce crystalline solar cells from centrotherm photovoltaics

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Company Information

Blaubeuren (euro adhoc) - September 27, 2010 - Positive signals from
the Middle Kingdom: centrotherm photovoltaics AG reports a
breakthrough in the market trend towards single equipment, and is
selling turnkey lines to manufacture crystalline solar cells to two
major Chinese customers. Both of these customers are each investing a
double-digit amount in millions of euros for the systems that each
comprise a total of 60 MW capacity. The agreements were recently
signed - a prepayment has already been made for one of the orders.

These two major companies, including one Chinese state operation,
which is pushing its integration further along the photovoltaic value
chain with its order, are new entrants to solar cell production. This
turnkey solution allows them to secure a rapid production start and a
cost-efficient manufacturing process. While at one customer, the
system will be shipped by the end of this year, and production will
start up in the first quarter of 2011, the other customer will
receive its production components in the first quarter of next year,
with production start scheduled for the end of the first half of
2011.

"The turnkey business is starting to recover momentum. New entrants
are exploiting low barriers to entry, and are receiving
state-of-the-art technology and premium systems from the market
leader", explained Dr. Peter Fath, Management Board member at
centrotherm photovoltaics responsible for Technology and Marketing.
The prospects are also pleasing: "We are engaged in advanced and
promising discussions with further companies globally."

About centrotherm photovoltaics AG centrotherm photovoltaics AG,
which is based at Blaubeuren, is the world's leading technology and
equipment provider for the photovoltaics sector. The company equips
well-known solar companies and new sector entrants with turnkey
production lines and single equipment to manufacture silicon,
crystalline solar cells and thin film modules. As a consequence, the
Group possesses a broad and well-founded technological basis, as well
as key equipment at practically all steps of the photovoltaics value
chain. centrotherm photovoltaics guarantees its customers important
performance parameters such as production capacity, efficiencies, and
completion deadlines. The Group employs over 1,300 staff members, and
operates in Europe, Asia and the USA. In the 2009 financial year,
centrotherm photovoltaics achieved revenue of EUR 509.1 million, and
EBIT of EUR 37.2 million. The company is listed in the TecDax of the
Frankfurt Securities Exchange.

Contact:
Saskia Feil
Senior Manager Investor & Public Relations
Tel: +49 7344 918-8890
E-mail: saskia.feil@centrotherm.de

Dr. Torsten Knödler
Manager Public Relations
Tel: +49 7344 918-8898
E-mail: torsten.knoedler@centrotherm.de

Christina Siebels, Britta Cirkel
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-58 /-56,
E-mail: c.siebels@hoschke.de; b.cirkel@hoschke.de

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

Further inquiry note:

Dr. Torsten Knödler

Manager Public Relations

Tel.: 07344 - 918-8898

E-Mail: torsten.knoedler@centrotherm.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