China: centrotherm wins multi-crystalline ingot furnaces tender

The company added that it has identified around €50 million of revenue potential in the crystallization and wafer area by next year for the group.

Under the agreement, the furnaces are expected to be shipped in the first quarter of next year. centrotherm went on to say that the first silicon ingots will be produced just six weeks later. Although the financial sum has not been divulged, it did say that the investment volume is in the single-digit euro million range.

"This success confirms our strategy of focusing on efficient processes along the entire photovoltaic value chain," commented Dr. Albrecht Mozer, managing director of centrotherm SiTec. "It allows our existing customer to access a further step in the solar value chain, and integrates crystallization with a polysilicon project that centrotherm SiTec has already successfully realized."

The client has also reportedly ordered further polysilicon production systems in order to expand its existing capacities.??