Continuing with its streamlining and single equipment technology realignment as a new subsidiary of Meyer Burger, Roth & Rau said last week it had sold subsidiary, CTF Solar GmbH (CTF), to an unidentified Chinese investor. CTF is known for supplying cadmium telluride (CdTe) coating systems for the deposition of cadmium sulphide and cadmium telluride absorber films for thin-film PV manufacturing.
At the same time, Roth & Rau said that the Chinese investor had ordered a system at the beginning of the third quarter of 2012. The equipment company said it will assist in the ramp-up stage and in further technological development. The project is slated for completion by mid-2013, with plans to supply four additional coating systems, should the pilot project prove successful.
“Since the beginning of 2011, Roth & Rau has been offering its customers equipment and technology packages referred to as 'system solutions,' rather than products based on the traditional turnkey concept,” stated Dietmar Roth, CEO of Roth & Rau AG. “We have thus already got off to a successful start in the crystalline silicon technology business. We will be consistently maintaining the same course in our thin-film business, focusing here as well in future on our core competence in the field of coating equipment.”
Roth & Rau acquired start-up CTF Solar in February 2009, planning to offer CdTe turnkey production lines as a general contractor.