EANS-News: centrotherm photovoltaics acquires 14.4 percent of Sunshine PV Corp.

• Initial investment in Taiwanese CIGS thin film manufacturer

• Minority stake costs single-digit amount in millions of euros

• Joint development of second thin film generation

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Company Information

Subtitle: • Initial investment in Taiwanese CIGS thin film
manufacturer • Minority stake costs single-digit amount in
millions of euros • Joint development of second thin film
generation

Blaubeuren (euro adhoc) - November 30, 2010 - centrotherm
photovoltaics AG has purchased 14.4 percent of the share capital of
Taiwanese CIGS thin film solar module manufacturer Sunshine PV Corp.
Wholly-owned centrotherm photovoltaics subsidiary Photovoltaics Asia
Invest Pte. Ltd., Singapore, has invested a single-digit amount in
millions of euros in Sunshine as part of a capital increase. The
stake is to be expanded to a total interest of around 25 percent
early next year.

With the share purchase, centrotherm photovoltaics has taken an
important strategic step to introduce new second-generation selenium
plants at Sunshine, thereby advancing centrotherm photovoltaics' CIGS
thin film technology. The investment enables a close cooperation with
Sunshine that allows manufacturing systems to be operated and further
optimized under real mass production conditions.

"We are pleased to further develop this second thin-film generation
jointly with Sunshine. CIGS thin-film technology offers enormous
potential. With this step, we are backing this future market in a
targeted manner", comments Dr. Frank Stubhan, Chief Executive Officer
(CEO) of centrotherm photovoltaics AG's Thin Film Module division.
"We are currently experiencing major interest for CIGS technology
from potential new customers." Together with its Taiwanese customer,
the South German company is working on boosting efficiency and
throughput at the pilot plant. Sunshine is currently starting to sell
the first modules from its Taiwanese production base.

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 around 1,400 staff, and
operates globally in Europe, Asia and the USA. centrotherm
photovoltaics achieved revenue in the 2009 financial year of
EUR 509.1 million, EBIT of EUR 37.2 million, and 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