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SolarXTRA • news digest
AREVA to Acquire the U.S. Solar Company Ausra - Feb 8, 2010
AREVA announced today the 100% acquisition of U.S.-based Ausra, a leading provider of large-scale concentrated
solar power solutions for electricity generation and industrial steam production. This acquisition launches AREVA’s
new global solar energy business. It reflects AREVA’s strategic objective to be the world leader in concentrated solar
power (CSP) and will further strengthen and diversify its renewables portfolio. Combining Ausra’s proven technology
and AREVA’s world leading Engineering, Procurement and Construction (EPC) skills, the group is committed to
building the most cost-effective CSP plants for utilities, independent power producers and industrial customers around
the world.
The market for concentrated solar power plants is expected to grow substantially in the next decade with an average
annual growth rate of 20% and should reach an estimated installed capacity of over 20 GW by 2020. With this
acquisition, AREVA is poised to capture the leading position of this attractive and growing market. Anil Srivastava,
Business Group Renewable Energies Senior Executive Vice President, said: “By acquiring Ausra, AREVA has taken a
major step forward to achieve its strategic ambition in renewables. The Group intends to become the world leader in
the CSP market thanks to a reliable, cost-effective product.”
Ausra’s Chairman and CEO Dr. Robert E. Fishman declared: “Today is about making a strong company even stronger.
With AREVA, Ausra is joining forces with one of the world’s global energy leaders. Combining AREVA’s financial and
commercial strengths, and its energy expertise, with Ausra’s proven technology and experienced management team
will help position AREVA for even greater success in the renewable and carbon-free energy industry.” AREVA will
leverage and reinforce Ausra’s team to strengthen its Global Solar business unit, led by Dr. Robert E. Fishman. It will
be operated out of Ausra’s existing Mountain View, Calif. headquarters.
This acquisition is expected to close in the next few months, subject to customary regulatory approval.
SINGULUS TECHNOLOGIES receives major Contract for Solar Systems
57
- Feb 11, 2010
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SINGULUS TECHNOLOGIES AG (SINGULUS) received an order contract worth approximately 19 million Euro from a
European solar cell manufacturer for production systems to manufacture a new generation of thin-film solar cells.
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solar
SINGULUS had developed the new processing system for thin-film solar technology in close cooperation with this
-pv
customer during 2009 and has now been able to secure the order to build these systems.
-management
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 .com
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.
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