centrotherm photovoltaics moves forward with expansion strategy

. new locations in Italy and the US

. order from US solar cell manufacturer Suniva

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companies/expansion

Blaubeuren (euro adhoc) - centrotherm photovoltaics moves forward
with expansion strategy . new locations in Italy and the US .
order from US solar cell manufacturer Suniva

Blaubeuren, March 11, 2008 - centrotherm photovoltaics AG, based in
the town of Blaubeuren in the Germany state of Baden-Württemberg, has
opened two new locations abroad: effective immediately, the
provider of technology and services for the production of solar
cells and solar silicon is represented in Treviso, Italy by
fully-owned subsidiary centrotherm photovoltaics Italia S.R.L. Italy
offers attractive feed-in fees for solar power, and is growing in
importance for the photovoltaics industry. In the past, centrotherm
photovoltaics has already received an order from Helios, Italy, for
several megawatt turn-key lines for the production of solar
cells. In the future, such orders will be processed by locals in
Italy, in order to provide even faster service locally.

In the US, in Atlanta, Georgia, centrotherm photovoltaics USA Inc.
has also begun operations. This is also a fully-owned
subsidiary of centrotherm photovoltaics AG. The first order in the
US has already come in: Atlanta-based Suniva Inc., a new producer
of crystalline silicone solar cells, has ordered a 25 megawatt
turn-key line. Delivery will begin in 2008.

By establishing these bases abroad, the company is moving forward
with its strategy of expanding its international market position.
"We will consequently continue to follow this strategy," says Robert
Hartung, CEO of centrotherm photovoltaics AG. "We are in process of
founding further branches abroad in order to provide even better
service locally to our international customers." In addition to
activities in Asia, where the company currently derives 70
percent of its sales, centrotherm photovoltaics plans to
further expand business in the US and Europe. Hartung: "We
intend to take advantage of the opportunities offered by the globally
expanding photovoltaics market."

About centrotherm photovoltaics AG centrotherm photovoltaics AG is
a leading international provider of technology and services for
the production of solar cells and solar silicon. The broad
range of products ranges from key equipment through turnkey
production lines. Business operations currently focus on the
growth market of Asia. The international customer base includes
well- known companies from the solar sector. The company, which is
based in Blaubeuren near Ulm, currently has more than 230 employees.

centrotherm photovoltaics AG
Johannes-Schmid-Strasse 8
89143 Blaubeuren
Internet: www.centrotherm-pv.de

ISIN: DE000A0JMMN2 WKN: A0JMMN Listing: Regulated Market/Prime
Standard, Frankfurt Securities Exchange Registered Office: Germany

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

Further inquiry note:

Company contact:

Saskia Schultz-Ebert

Senior Manager Investor Relations

Tel: +49 7344 918-8890

E-mail: saskia.schultz-ebert@centrotherm.de

Press contact:

Grit Pauli

HOSCHKE & CONSORTEN Public Relations GmbH

Tel: +49 40 3690 50-31

E-mail: g.pauli@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard


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