centrotherm photovoltaics announced its newest supply order, which has been made by two unnamed Chinese customers, for 60MW of its turnkey lines used in the manufacturing of crystalline solar cells. Payment amounts were not published, but centrotherm advised that both customers were “investing a double-digit amount in millions of Euros.” Prepayment has already been accepted for one of the two orders and centrotherm advised that the two companies, one of which is a Chinese state operation, are new in the solar cell production division.
“The turnkey business is starting to recover momentum. New entrants are exploiting low barriers to entry, and are receiving state-of-the-art technology and premium systems from the market leader”, explained Dr. Peter Fath, management board member at centrotherm photovoltaics responsible for technology and marketing. The prospects are also pleasing: “We are engaged in advanced and promising discussions with further companies globally.”
One system will be shipped to the first customer by the end of this year with production expected to start in the first quarter of 2011. The second shipment will deploy in the first quarter of 2011, with production starting towards the end of the first half of next year.