centrotherm photovoltaics confirms "First Silicon Out" in Asia

--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------

Blaubeuren (euro adhoc) - Blaubeuren, March, 3rd, 2009 - centrotherm
photovoltaics AG has achieved a further milestone in silicon production and
confirms the performance capacity of its silicon reactors with "First Silicon
Out". At the production site of Asia Silicon (Qinghai) Co., Ltd. the company
has successfully started its first poly silicon production equipment.

Asia Silicon´s first production phase is designed for a capacity of 2,000 tons
per year with part of the key equipment being supplied by centrotherm
photovoltaics. At this stage centrotherm photovoltaics is responsible for
project planning, key equipment and process technology.

"The successful start up of centrotherm´s reactors in our silicon production
facility is key for us and confirms that with centrotherm photovoltaics we have
chosen the right partner", said Dr. Tihu Wang, CEO of Asia Silicon. "Very
impressive to me was the teamwork of centrotherm´s and Asia Silicon´s
engineers."

centrotherm photovoltaics silicon production technology is based on the
well-known industrial-proven CVD process.

"With `First Silicon Out´ we confirm our strong position in planning, designing,
equipment construction and process technology", said Dr. Albrecht Mozer,
managing director of centrotherm SiTec GmbH, a 100% subsidiary in which
centrotherm photovoltaics concentrates its solar silicon expertise. "We are glad
that we achieved this very important milestone in close collaboration with our
customer Asia Silicon."

About centrotherm photovoltaics AG
centrotherm photovoltaics AG, which is based at Blaubeuren, is one of the
world's leading technology and service-providers for the manufacturing of solar
cells and solar silicon. The broad product spectrum comprises key equipment and
turnkey production lines for crystalline and thin-film solar cells. The product
range is supplemented by reactors and converters for the manufacturing of solar
silicon. centrotherm photovoltaics guarantees its customers important
performance parameters such as production capacity, degree of efficacy, and
completion deadlines for turnkey lines. The Group employs over 1,100 staff
members, and operates in Europe, Asia and the USA. centrotherm photovoltaics
achieved revenue in the 2008 financial year of EUR 375 million, EBIT of EUR 56
million*, and is listed in the TecDax of the Frankfurt Securities Exchange.
(*preliminary figures before purchase price allocation)

Further inquiry note:
Company contact:
Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 7344 918-8890
E-mail: [email protected]

Press contact:
Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-58 /-31
E-Mail: [email protected]; [email protected]

end of announcement euro adhoc
--------------------------------------------------------------------------------

emitter: centrotherm photovoltaics AG
Johannes-Schmid-Str. 8
D-89143 Blaubeuren
phone: +49 (0) 7344 91860
mail: [email protected]
WWW: http://www.centrotherm-pv.de
sector: Energy
ISIN: DE000A0JMMN2
indexes:
stockmarkets: regulated dealing/prime standard: Börse Frankfurt
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | CNE

print