EANS-News: entrotherm photovoltaics sells turnkey module line to Austrian customer Kioto Photovoltaics

• 50 megawatt turnkey system to start production in second half
of 2011 in Carinthia
• Order volume in single-digit, million
euro range

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Company Information

Subtitle: • 50 megawatt turnkey system to start production in
second half of 2011 in Carinthia • Order volume in single-digit,
million euro range

Blaubeuren (euro adhoc) - March 2, 2011 - centrotherm photovoltaics
AG, a pioneer in the turnkey production of crystalline solar cells,
has sold a turnkey module line to Austria. Kioto Photovoltaics GmbH
is investing a single-digit amount in millions of euros for a turnkey
50 megawatt system to manufacture crystalline solar modules. The
agreement with the solar module and turnkey photovoltaic powerplant
manufacturer from Veit/Glan near Klagenfurt was signed recently, and
a prepayment has already been made.

"In Kioto Photovoltaics, we have gained an innovative European
customer and professional development partner", commented Dr. Peter
Fath, Management Board member responsible for Technology and
Marketing at centrotherm photovoltaics. "Our aim is to support Kioto
in further reducing their manufacturing costs, and in becoming a
premium cost-leader in module production within Western Europe."

The turnkey system will be delivered to Kioto Photovoltaics in the
second quarter of this year, and the first solar modules will be
produced from the start of the third quarter of 2011.

"We are confident of a significant competitive advantage as the
result of deploying state-of-the-art technology from market leader
centrotherm", commented Ingram Eusch, Managing Director of Kioto
Photovoltaics GmbH, which is thereby expanding its production
capacity to 120 megawatts. "Innovations enjoy a high priority for
both centrotherm and us, which gives rise to an interesting
development partnership."

centrotherm photovoltaics' partner for the turnkey module line is
Reis GmbH & Co. KG Maschinenfabrik in Obernburg am Main. Reis
Robotics, the global market leader for automation systems in the
photovoltaic industry, will supply the automation technology and
linking system for the turnkey module line. A cooperation agreement
has existed since April 2010 between Reis Robotics and centrotherm
photovoltaics, which commands more than 30 years of photovoltaic
experience.

The globally leading provider of technology and equipment to the
photovoltaic sector guarantees important performance parameters for
crystalline module manufacturing - as also with other centrotherm
photovoltaics turnkey products in the solar cell area.

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 over 1,400 staff members, and
operates in Europe, Asia and the USA. centrotherm photovoltaics
achieved revenue in the 2010 financial year of EUR 624.2 million,
EBIT of EUR 75.4 million, according to provisional figures. The
company is listed in the TecDAX index on the Frankfurt Stock
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

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