27.06.2016
SINGULUS TECHNOLOGIES AG DE000A1681X5
DGAP-News: SINGULUS TECHNOLOGIES with Positive Feedback from Intersolar Europe 2016
DGAP-News: SINGULUS TECHNOLOGIES AG / Key word(s): Market Report
SINGULUS TECHNOLOGIES with Positive Feedback from Intersolar Europe 2016
27.06.2016 / 12:05
The issuer is solely responsible for the content of this announcement.
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Press release
SINGULUS TECHNOLOGIES with Positive Feedback from Intersolar Europe 2016
- Market environment for photovoltaics favorable - IRENA expects
significantly rising photovoltaic capacities
- Positive response from Tier 1 cell producers
- Focused project talks for CIGS and heterojunction
Kahl am Main, June 27, 2016 - The SINGULUS TECHNOLOGIES AG (SINGULUS
TECHNOLOGIES) reports a positive feedback from the concluded professional
solar fair Intersolar Europe. The customers' interest in new, innovative
production technologies was high, which is underlined by the growth
projected by the International Renewable Energy Agency (IRENA).
For the market of machines for the production of crystalline, high-
performance cells, e.g. heterojunction solar cells, the company has reached
a leading market position with its 2014 further developed and very
innovative etching and cleaning machine SILEX II and continues to expand
the market position. Several tier 1 cell manufacturers (very large cell
producers) have project talks continue at the company's fair booth and also
visited the production site in Fuerstenfeldbruck. The wet-chemical
processing machines of the SILEX II type were in the center of the
discussions. The SILEX II processing machine was introduced to the market
at the end of 2014. Until now, nearly 30 of these machines have been sold.
There were also detailed project talks with existing and also new,
potential customers with regards to the work area of CIGS thin-film solar
technologies. The interest in investment in CIGS thin-film solar technology
is increasing significantly. This holds especially true for the planned
set-up in the more hot regions of our world.
The production capacities for CIS/CIGS cells will rise substantially in the
coming years. SINGULUS TECHNOLOGIES supplies machine technology and know-
how for several CIGS processes. The goal is to continuously improve the
cell performance as well as the production output.
In the past couple of years SINGULUS TECHNOLOGIES focused considerable
resources on the development and the market launch of new production
technologies for the manufacturing of new cell concepts for crystalline and
thin-film solar technologies and pursues a focused growth strategy.
Positive outlook for the photovoltaics market
According to a recent report by the International Renewable Energy Agency
(IRENA) the share of globally produced energy from photovoltaics could rise
from currently 2 % to 13 % in the year 2030. The global PV-capacity could
rise up to 2,500 GW by 2030.
The costs will continue to decline and solar power will become ever cheaper
to produce. According to IRENA, the production costs of solar energy from
PV-plants in Europe, China, India, South Africa and the United States of
America are usually in a range of 5 to 10 US-cents per kilowatthour (kWh)
only.
SINGULUS TECHNOLOGIES - Innovations for New Technologies
SINGULUS TECHNOLOGIES is an engineering company and develops and builds
machines for economic and resource-efficient production processes. The
range of use of the machines built by SINGULUS TECHNOLOGIES include vacuum
thin-film and plasma coating, wet-chemical cleaning and etching processes
as well as thermal processing technology.
For all machines, processes and applications SINGULUS TECHNOLOGIES utilizes
its know-how in the areas of automation and process technology in order to
provide additional, attractive work areas with innovative products next to
the existing application areas of Solar, Semiconductors and Optical Disc.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
Email: [email protected]
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27.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Phone: +49 (0)1709202924
Fax: +49 (0)6188 440-110
E-mail: [email protected]
Internet: www.singulus.de
ISIN: DE000A1681X5, DE000A1MASJ4
WKN: A1681X, A1MASJ
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News Service
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