DGAP-News: centrotherm and SolarSpace sign cooperation agreement on PERC AlOx production technology at SNEC PV in Shanghai

Corporate News

centrotherm and SolarSpace sign cooperation agreement on PERC AlOx production technology at SNEC PV in Shanghai

Blaubeuren, May 29, 2018 - centrotherm (ISIN: DE000A1TNMM9 and DE000A1TNMN7) and SolarSpace (Jiangsu Zhongyu Photovoltaic Technology Co. Ltd.) signed an agreement of cooperation on the implementation and further optimization of the AlOx PERC production technology today. SolarSpace will implement the centrotherm c.PLASMA AlOx system and the respective production process for the manufacturing of PERC solar cells in its production site in Xuzhou in June. The Chinese manufacturer currently has an overall annual production capacity of 2 gigawatts of multicrystalline solar cells and will expand to 5 gigawatts by adding production lines for mono PERC solar cells by the end of 2018.

SolarSpace was established in 2010 and is mainly engaged in research and development beside its core business, the production and sale of solar cells. Both cooperation partners aim to further optimize the centrotherm AlOx PERC production process, which already achieves a cell efficiency of 22 % in mass production at several Asian customers.

Note: from May 28 to May 30, 2018, centrotherm is an exhibitor at the SNEC PV Power Expo in the New International Expo Center in Hall E 3/555.

About centrotherm international AG
centrotherm has been developing and realizing innovative thermal solutions for more than 60 years. As a leading, globally active technology group, we offer production solutions for the photovoltaic, semiconductor and microelectronics industries.

The continuous further development of our successful solutions in thermal processing and coating, such as for crystalline solar cell and semiconductor manufacturing, forms the basis for successful partnerships with industry, research and development.

Our customers worldwide appreciate the process stability, scalability and availability of our production systems in mass production. Our work is also distinguished by the fact that we create specific, high-end process technology solutions tailored to our customers' requirements, and that we are outstanding in system construction.

Together, we face the daily challenges of setting new trends, maximizing production efficiency (such as for solar cells and semiconductors), and - paired with our systems' durability - securing investments.

We thereby generate sustainable competitive advantages for our customers through targeted innovations in processes and production solutions.

We engage around 650 employees worldwide to further develop high-tech solutions for key markets.

centrotherm international AG
Württemberger Strasse 31
89143 Blaubeuren
Internet: www.centrotherm.de
WKN: A1TNMM (bearer shares); A1TNMN (unlisted shares from non-cash capital increase)
ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from non-cash capital increase)
Listing: Basic Board, Frankfurt Stock Exchange
Company domicile: Germany

centrotherm contact:

Nathalie Albrecht
Manager Public & Investor Relations
Tel: +49 7344 918-6304
Email: investor@centrotherm.de