Centrotherm reports revenue of €144.4 million in 2016

Facebook
Twitter
LinkedIn
Reddit
Email
Key technology developments are centred on the transfer of its PECVD processes for alumina coating (AlOx) into mass production for PV manufacturers as they move production to high-efficiency PERC (Passivated Emitter Rear Cell) solar cells. Image: centrotherm

PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics reported 2016 revenue at the higher end of previously withdrawn guidance that was pulled on fears of PV manufacturers withdrawing capital expenditure plans when PV demand drastically weakened in China in the second-half of the year. 

centrotherm did not need to panic as 2016 revenue touched €144.4 million, inline with previous guidance of €120 million to €150 million.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The company’s core segment of Photovoltaics & Semiconductor reported sales of €103.6 million, up 31% from €79.3 million in 2015 and helping equipment segment profitability (EBITDA) of €2.8 million.

centrotherm secured new orders totalling €141.8 million in 2016, resulting in new order intake up 55 %, year-on-year. New order intake had been €91.4 million in 2015. The company has since received and announced further new orders in 2017. Net loss for 2016 was €6.0 million.

Jan von Schuckmann, CEO of centrotherm photovoltaics said, “The competitive environment remains challenging for us in all areas in the years ahead. The development of new technologies, flanked by improved productivity, forms the focus of our investments and measures. To this end, we have developed a strategy road map for the next few years that we will be rigorously implementing together.” 

Key technology developments are centred on the transfer of its PECVD processes for alumina coating (AlOx) into mass production for PV manufacturers as they move production to high-efficiency PERC (Passivated Emitter Rear Cell) solar cells. 

Centrotherm noted that production solutions for PERC cell technology were in strong demand. 

The company allocated €8.03 million to R&D activities in 2016, up from €7.35 million in the previous year.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

Read Next

September 5, 2025
Scientists from Germany and Saudi Arabia have discovered that perovskite thin-film cells are compatible with current industry standard silicon solar cells, which they claim is a “crucial step toward the industrialisation of perovskite silicon tandem solar cells”.
September 2, 2025
The Fraunhofer Institute for Solar Energy Systems (ISE) will build a pilot solar cell line in Germany to support US manufacturer Talon PV’s efforts to establish solar cell capacity in the US.
September 1, 2025
Solar Organic Centro España is planning to build a 10GW solar module and battery manufacturing facility in the Spanish autonomous community of Castilla-La Mancha.
August 27, 2025
Long-term procurement decisions from the US solar industry could support US solar manufacturing, regardless of changes to federal tax credits, PV Tech has heard.
August 26, 2025
US-based solar module manufacturer Bila Solar will include US-made steel module frames in its 550W dual-glass products.
August 21, 2025
JA Solar's CTO, Zi Ouyang, discusses the company's latest module technologies and why the future is tandem.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines