Saturday, January 15, 2011

SINGULUS receives another major order for solar plant

KAHL AM MAIN, GERMANY: The SINGULUS TECHNOLOGIES AG (SINGULUS) was able to conclude another contract for five Selenisierungsanlagen for CIS thin-film solar cells.

SINGULUS TECHNOLOGIES, in 2009, had developed in close cooperation with AVANCIS GmbH & Co. KG (AVANCIS) a new process plant for thin-film solar technology in early 2010 and received an initial order for 19 million €. The follow-on order from Hyundai Avancis with over 30 million € exceeding this volume significantly.

"The CIS technology is a relatively new manufacturing process that is already very successful and still has much more potential for cost reduction and efficiency improvement," said Hartmut Fischer, CEO of AVANCIS. "The facilities of SINGULUS is a critical component in our factory for CIS solar cells. SINGULUS why we have again selected as supplier for our FAB 3 of our joint venture for the production of CIS thin film solar modules in South Korea."

This order is another important step SINGULUS to establish itself successfully in the growing solar market with new facilities. Dr. Ing. Stefan Rinck, CEO of SINGULUS: "We are pleased with the new order and see us as confirmation that the CIS thin film technology, the groundbreaking technology of the future, it is very important to us that we are for this, very successfully developing solar technology. will provide the essential production machinery for the production of electricity-generating layer."

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