Centrotherm wraps up 60 MW solar cell line for Chinese customer
(ADPnews) - Sep 23, 2010 - German solar energy company Centrotherm Photovoltaics AG (ETR:CTN) announced yesterday that it has commissioned a 60 MW photovoltaic (PV) cell production line for Chinese state-owned company Lu’an Group Corp.
The German firm said further that it has laid a foundation stone for additional lines at the site in Changzhi, central China, for the manufacturing of cells to a level of between 300 MW and 360 MW. Overall, the agreement between the two companies calls for expanding Lu'an's manufacturing capacity to 1 GW over the coming years.
In addition, Centrotherm Photovoltaics's wholly-owned subsidiary Centrotherm SiTec GmbH is establishing production systems at Lu'an Group for the production of polysilicon with annual production output in excess of 3,000 tonnes.
Centrotherm Photovoltaics provides turnkey production lines and single equipment to solar companies for the manufacturing of silicon, crystalline solar cells and thin-film modules. The company envisages revenue potential of EUR 50 million (USD 66.6m) in the crystallisation and wafer field by 2011.