SINGULUS TECHNOLOGIES signs contract for the delivery of production systems for CIGS solar modules
The order volume for Xuzhou is in the first stage of expansion EUR 50 million.
Dr.-Ing. Stefan Rinck, Chairman of the Board of SINGULUS TECHNOLOGIES: "We are pleased about this order, which in turn shows our leading role in CIGS thin-film solar technology. Our customer CNBM is therefore continuing to expand CIGS technology in China as planned and is by far the largest manufacturer of CIGS solar modules."
The planned final output of this factory is 300 MW. This is to be achieved by the customer in a downstream, second expansion stage for this factory location.
The down payment for this order is expected in a timely manner.
SINGULUS TECHNOLOGIES - innovations for new technologies SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems for efficient and resource-saving production processes, which are used worldwide in the solar, semiconductor, medical technology, consumer goods and optical disc sectors.
The company's core competencies include various processes of coating technology, surface treatment and wet-chemical and thermal production processes.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5 Maren Schuster, Head of Investor Relations, Tel.: + 49 (0)160 9609 0279 Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202 924 E-mail: email@example.com
15.01.2020 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.deLanguage: 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: firstname.lastname@example.org 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 EQS News ID: 953985 End of News DGAP News Service