Press Release

Singulus Technologies reports receipt of additional double-digit million euro prepayment for CIGS production machines

The Singulus Technologies AG has received the agreed prepayment from its customer China National Building Materials (CNBM), China, with respect to the contract signed on December 21, 2017 for the delivery of five selenization machines of the CISARIS type for the production of CIGS solar modules.
Singulus Technologies

With the delivery of these additional five CISARIS selenization machines the factory in Bengbu, Anhui province, is expanded from a production capacity of 150 MW to 300 MW overall. For this site, in total a capacity of 1500 MW is planned.

During the last days Singulus Technologies has already entered another agreement with a subsidiary of a large, stock-listed energy company and producer of solar modules in China for the delivery of CIGS production machines of the TENUIS II type for wet-chemical coating processes. The volume exceeds € 10 million and the prepayment for this project was already received.

Dr.-Ing. Stefan Rinck, Chief Executive Officer, comments: “Our company has received in the first months of 2018 already prepayment with a order volume over million 40 € for CIGS production equipment. We are thus able to further expand our leading position for the delivery of production machines for CIGS solar modules. Our order backlog currently exceeds million 130 €.”