centrotherm photovoltaics confirms "First Silicon Out" in Asia

Blaubeuren, 03.03.2009

centrotherm photovoltaics AG has achieved a further milestone in silicon production and confirms the performance capacity of its silicon reactors with "First Silicon Out". At the production site of Asia Silicon (Qinghai) Co., Ltd. the company has successfully started its first poly silicon production equipment.

Asia Silicon´s first production phase is designed for a capacity of 2,000 tons per year with part of the key equipment being supplied by centrotherm photovoltaics. At this stage centrotherm photovoltaics is responsible for project planning, key equipment and process technology.

“The successful start up of centrotherm’s reactors in our silicon production facility is key for us and confirms that with centrotherm photovoltaics we have chosen the right partner”, said Dr. Tihu Wang, CEO of Asia Silicon. “Very impressive to me was the teamwork of centrotherm’s and Asia Silicon´s engineers.”

centrotherm photovoltaics silicon production technology is based on the well-known industrial-proven CVD process.

“With ‘First Silicon Out’ we confirm our strong position in planning, designing, equipment construction and process technology”, said Dr. Albrecht Mozer, managing director of centrotherm SiTec GmbH, a 100% subsidiary in which centrotherm photovoltaics concentrates its solar silicon expertise. “We are glad that we achieved this very important milestone in close collaboration with our customer Asia Silicon.”

About centrotherm photovoltaics AG

centrotherm photovoltaics AG, which is based at Blaubeuren, is one of the world's leading technology and service-providers for the manufacturing of solar cells and solar silicon. 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 over 1,100 staff members, and operates in Europe, Asia and the USA. centrotherm photovoltaics achieved revenue in the 2008 financial year of EUR 375 million, EBIT of EUR 56 million*, and is listed in the TecDax of the Frankfurt Securities Exchange. (*preliminary figures before purchase price allocation)

centrotherm photovoltaics AG

Johannes-Schmid-Straße 8
89143 Blaubeuren

Listing: Regulated Market/Prime Standard, Frankfurt Securities Exchange
Registered Office: Germany

Company Contact:

Saskia Schultz-Ebert
Senior Manager Investor Relations
T +49 7344 918-8890

Press Contact:

Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
T +49 40 3690 50-58/-31
E-Mail to Christina Siebels
E-Mail to Grit Pauli