Singulus Technologies receives major Contract for Solar Systems

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European solar cell manufacturer for production systems to manufacture a new generation of thin-film solar cells.

Kahl am Main, []

SINGULUS TECHNOLOGIES AG (SINGULUS) received an order contract worth approximately € 19 million from a European solar cell manufacturer for production systems to manufacture a new generation of thin-film solar cells.

SINGULUS had developed the new processing system for thin-film solar technology in close cooperation with this customer during 2009 and has now been able to secure the order to build these systems.

SINGULUS is consequently extending its product range in the area of photovoltaic systems and will now offer this technology in the market as well. This contract signals further progress in the company’s efforts to establish itself as a key supplier of new systems for important process stages in the growing solar market.

Roland Lacher, Chief Executive Officer, commented: “This contract is a major breakthrough for SINGULUS as we seek to establish a second business field of machinery and equipment for photovoltaics. We have been working very hard over the past few months to develop new, ultra-cost-effective machinery concepts for solar technology and we are now planning to bring them onto the market this year.

SINGULUS making transition towards supplier of complete production systems for solar cell production
In future SINGULUS and STANGL will actively supply not only individual machines and equipment to the solar market, but also complete systems with process know-how. The company’s aim is to position itself at the forefront for the introduction of new technologies for both silicon and thin-film solar technology.

This week, SINGULUS announced and explained this broader strategy at the Investors Day in Munich. Particularly thanks to the technologies and individual expertise available in both companies, SINGULUS regards itself as an innovator in wet-chemical and vacuum coating techniques. It therefore plans to raise its profile as a partner to the solar industry through new machinery concepts that will deliver the increased level of automation of production technology needed. SINGULUS has already demonstrated its ability to do this successfully in the Optical Disc segment.

SINGULUS supplies modern plant systems for thin-film and silicon solar technology that provide cell manufacturers with significant potential to improve cell efficiency while simultaneously cutting production costs. The broadening of the strategy to encompass both OEM supplier and system provider will bring the company new and additional opportunities.

Source: Singulus Technologies

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