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Singulus Technologies Signs Contracts for the Delivery of CIGS Production Machines

Published on 26 May 2016
Singulus Technologies 
The Singulus Technologies AG today signed two precontracts with a subsidiary of China National Building Materials (CNBM) for the delivery of production machines for CIGS solar modules.

The two precontracts outline the fundament technologic and economic framework, which will be finalized in six detailed and then legally-binding delivery contracts in the next couple of days. The anticipated placing of the orders agreed in the precontracts includes the delivery of machines of CISARIS for selenisation, VISTARIS sputtering systems and evaporation systems SELENIUS. In particular the selenization machine CISARIS was already delivered to similar factories several times and amongst others forms the core of the solar module production. 

The machines are intended to be used at two different factory sites and should provide for an output volume of around 150MW as a first expansion stage of the infrastructure of the respective factories. The overall order value for Singulus Technologies exceeds €110 million in total and is split between the two factory sites of the Group in China. The planned final output capacity of each factory should amount to around 300MW in the end. This goal is set by the customer and by a subsequent, second expansion stage at the respective factory sites.

Dr.-Ing. Stefan Rinck, CEO of the Singulus Technologies AG, comments: "This contract for the delivery of the key technologies, which are used in the manufacturing of CIGS solar modules, is of essential importance for us and confirms our leading position in this market segment. We have extensively discussed the preliminary work for the optimization of the production processes with the customer and once again implemented numerous improvements. Our construction work was finalized and we will shortly begin assembling the machines." 

The financing of the project is expected shortly after the signing of the legally-binding delivery contracts. These contracts are still subject to the approval of the relevant boards of Singulus Technologies.

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