Industry News
research, development and manufactur- drawing in the process on its extensive
ing of thin film solar cells and modules. experience with crystalline solar technology
It is sponsored by the Beijing Municipal turnkey lines. www.roth-rau.de
Bureau of Industrial Development and
Pinggu District government, which inked a china sunergy signs solar cell sales
cooperation memo on February 18, 2009. agreement with u.s. manufacturer
www.gs-solar.com China Sunergy Co., Ltd., a specialized
solar cell manufacturer based in Nan-
aleo solar to clock eur 360.5 million jing, China, today announced that it has
revenue for financial year 2008 entered into a wafer purchase agreement
aleo solar AG has announced revenue and a solar cell sales agreement with a U.S.
of approximately EUR 360.5 million for based photovoltaic products firm. Pursuant
financial year 2008, according to prelimi- to the terms of the agreements, China
nary calculations. This exceeds the figure Sunergy will utilize the multi-silicon wafers
for the previous year (EUR 242.1 million) purchased from the firm to produce multi-
by around 50%. In total, 49.3% of revenue
company. However, the current conversion
silicon solar cells, which will then be sold
was generated abroad (previous year:
efficiency of the cell is “16.4% or more” on
back to the firm for incorporation into
34.5%). EBIT amounted to EUR 23.8
average. “We will realize an average conver-
its downstream solar products. A total of
million (previous year: EUR 15.7 million).
sion efficiency of 16.6% or more by the
20MW to 25MW of solar cells will be sup-
The EBIT margin remained solid at 6.6%
time we start shipping the product,” said
plied by China Sunergy throughout 2009.
and is as expected. Revenue target of at
Harry H.H. Kuo, product manager and
www.chinasunergy.com
least EUR 330 million was surpassed in
technical manager of Gintech.
November 2008 already. www.aleo-solar.de
www.gintech.com.tw suntech appoints Japananese
distributor
eT solar signs 15MW german mod-
solon se increases revenues to Suntech Power Holdings Co., Ltd., manu-
ule contract
more than €800 million
facturer of photovoltaic (PV) modules, has
Nanjing-based photovoltaic products man-
Germany module manufacturer, SOLON
established an agreement with House Care
ufacturer ET Solar Group Corp has signed
SE presented its preliminary figures for
Co. Ltd, a subsidiary of West Holdings
a fixed-price contract to provide 15MW of
fiscal year 2008 today. The figures show
Group, under which House Care will be-
modules to a German photovoltaic system
that the company was again one of the fast-
come an authorized distributor of Suntech
developer between March and November
est growing solar companies in Germany
in Japan and distribute 30MW of Suntech
2009. The company did not reveal the Ger-
last year. SOLON increased production
solar products in 2009. www.suntech-power.
man company’s name, but said it focuses
volume by 49% to 176 MWp (2007:
com
on the development and installation of
118 MWp). Group revenues increased
commercial and residential photovoltaic
by 62% to €815 million (2007: €503.1 Despatch industries opens regional
systems. www.etsolar.com
million). Earnings before interest and tax office in Taiwan
(EBIT) rose by 70% to €60 million (2007: Despatch Industries, an US-based provider
Kyocera breaks ground on new €35.2 million). Net income after minor- of thermal processing equipment to the
module plant in china ity interests rose by 50% to €32 million solar, carbon fiber and thermal technol-
Kyocera has started construction on a (2007: €21.3 million). Earnings per share ogy markets, opened Despatch Industries
new solar module manufacturing plant in improved to €2.55 (2007: €2.07). The SO- Taiwan in February, a subsidiary specifi-
Tianjin City, China in order to expand LON Group currently has five production cally responsible for marketing Despatch’s
production capacity at Kyocera (Tianjin) sites in Germany, Austria, Italy and the photovoltaic products and services, and
Solar Energy Co., Ltd. Construction of the U.S. www.solon.com offering technical support to customers in
new plant is timed to align the production Taiwan. Despatch previously marketed its
capacity of solar modules with the increase roth & rau to provide turnkey thin products and services in Taiwan through
in production of solar cells which Kyocera
film production lines
sales agents. www.despatch.com/Cleantech
is set to expand to 650MW by March,
Roth & Rau AG has acquired all of the
2012. Upon completion of the new plant,
shares in CTF Solar GmbH, Kelkheim, Manz automation: record-breaking
all Kyocera Tianjin Solar manufacturing
from the management and the investment results in fiscal year 2008
operations will subsequently be transferred
company Murphy&Spitz Green Capital According to preliminary figures, the Manz
to the new facility. www.kyocera.jp
AG based on a share purchase and assign- Group increased its revenues from € 71.3
ment contract dated today. A purchase million last year by more than 232% to
gintech to ship ‘World’s Most ef- price in a single-digit million euro range € 236.5 million. The fourth quarter of
ficient’ polycrystalline si solar cell has been agreed and is dependent on the 2008 alone contributed € 77.4 million to
Gintech Energy Corp, a Taiwan-based solar achievement of contractually specified tar- revenues (previous year: € 24.5 million).
cell manufacturer, will start shipping the get agreements by 2012. CTF Solar GmbH At the same time, Manz almost tripled its
“Douro,” a polycrystalline silicon solar has the expertise to produce turnkey pro- total operating revenue to € 234.8 million
cell with a conversion efficiency of 16.6%, duction lines for use in the manufacture of (previous year: € 81.5 million).
in March 2009. It is the world’s highest thin film solar modules based on cadmium www.manz-automation.com
efficiency for polycrystalline silicon solar telluride (CdTe solar modules). Roth &
cells manufactured with existing structures, Rau plans to offer CdTe turnkey produc-
materials and processes, according to the tion lines as a general contractor in future,
www.globalsolartechnology.com Global Solar Technology – March/April 2009 – 37
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