SINGULUS TECHNOLOGIES AG, DE000A1681X5

SINGULUS TECHNOLOGIES AG, DE000A1681X5

06.11.2018 - 08:56:41

SINGULUS TECHNOLOGIES AG: CNBM plans Additional 300 MW Production Capacity for CIGS Thin-Film Solar Modules in Bengbu

 

Disclosure of Insider Information Pursuant to Art. 17 MAR

CNBM plans Additional 300 MW Production Capacity for CIGS Thin-Film Solar Modules in Bengbu

Kahl am Main/Shanghai, November 06, 2018 - In the course of a festive signing ceremony during the International Import Expo Show (CIIE) in Shanghai, China, a letter of intent (LOI) for the delivery of more than 10 production machines for the site in Bengbu, Province Anhui, for the manufacturing of 300 MW of CIGS thin-film solar modules at each site was signed today. The contractual partner for SINGULUS TECHNOLOGIES are subsidiaries in operation of China National Building Materials, Beijing (CNBM),

CNBM plans Additional 300 MW Production Capacity for CIGS Thin-Film Solar Modules in Bengbu to increase production to 600 MW. SINGULUS TECHNOLOGIES now shortly expects the signing of the respective detailed delivery contract for more than 10 production machines of the CISARIS, SELENIUS and VISTARIS type on the basis of the letter of intent. The volume will then amount to a high double-digit million Euro amount. The financing of the projects is expected after the signing of the legally binding delivery contracts.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Contact: Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279 Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924 Email: bernhard.krause@singulus.de  

06-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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: bernhard.krause@singulus.de Internet: www.singulus.de ISIN: DE000A1681X5, DE000A2AA5H5 WKN: A1681X, A2AA5H Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange   End of Announcement DGAP News Service

741713  06-Nov-2018 CET/CEST

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