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SCHOTT Solar intends to increase the annual capacity for the production of receivers for solar power plants with parabolic trough technology (Concentrated Solar Power) by the end of 2009 to approximately one gigawatt. The annual production capacity of the joint venture WACKER SCHOTT is also planned to reach one gigawatt by 2012. Parallel with the expansion plans the SCHOTT corporation is reorganizing so it can combine its competences in solar energy – both photovoltaic (PV) and Concentrated Solar Power (CSP) – under the roof of the SCHOTT Solar GmbH. The manufacturer made the announcement today during a press conference at the trade fair Intersolar in Munich. With this announcement the SCHOTT Solar GmbH is the only company worldwide that produces high-quality receivers for solar power plants with parabolic trough technology as well as components for PV-applications.

Dr. Martin Heming, Managing Director and CEO of the SCHOTT Solar GmbH, describes the corporate strategy: „We consider solar power plants to be one of the most important alternatives with which to secure future energy supplies. They are already able to provide entire cities with electricity, as successful examples in the USA have shown. Projects of comparable scope are being realized in Spain. In addition, solar power plants can be combined with fossil fuels or biomass sources of energy. This ensures a dependable power supply with a high proportion of solar power. SCHOTT Solar recognized the potential of CSP at an early stage and aligned its strategy accordingly. By combining all of the solar know-how of the SCHOTT corporation at the SCHOTT Solar GmbH, we are able to achieve even greater impact, while strengthening our profile as an integrated and globally active solar corporation.”

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