SINGULUS: Chinese customer halves order

04.07.2017

German SINGULUS AG has announced that a supply contract for CIGS production systems with a Chinese customer has been significantly reduced. The order announced in March had a volume of approx. € 20 million. Now it has been reduced to a volume of approx. € 10 million.

In March SINGULUS TECHNOLOGIES AG has announced the signing auf a contract for the delivery of VISTARIS vacuum sputtering systems as well as systems for wet chemical buffer layer deposition with the brand name TENUIS II with the subsidiary of a major public energy company and producer of solar modules from China. These machines are central components for the manufacturing of CIGS thin-film modules.

Nearly four month after the announcement the customer now reduced the order from an original volume of approx. € 20 million to approx. € 10 million.

The payment on account for this contract volume was already confirmed with the press release by the company on 19 July 2017

Philipp Kronsbein / SINGULUS

Similar Entries

SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) has signed a contract to supply several CIGS production systems of the type TENUIS II for wet-chemical coating processes with the subsidiary of a major listed energy company and manufacturer of solar modules from China and has today received the agreed payment on account. The contract volume is in the higher single-digit millions.

In the past few days SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) has received new orders for a total of four SILEX II processing systems from China and USA, for use in the manufacturing of high-performance solar cells. The SILEX II has thus secured SINGULUS TECHNOLOGIES a leading market position in the production of high-performance solar cells. Negotiations are moreover in progress on further customer projects to supply production systems with vacuum coating technology as complementary facilities to SILEX II. SINGULUS TECHNOLOGIES also strives to be a one-stop shop for the key production stages involved in the manufacture of crystalline high-performance solar cells.

SINGULUS TECHNOLOGIES continues to be successful in marketing production equipment for the manufacturing of heterojunction (HJT) high-performance solar cells. A few days ago, a delivery contract for a production line of the SILEX II type as well as the delivery of the new cathode sputtering system under the product name GENERIS PVD was signed. The still pending prepayment for this order is expected to be received shortly.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful conclusion of a repeat order for its high performance MAiA® platform and the first industrial order for its integrated FABiA® system from a major Asian customer. The MAiA® and the FABiA® both deliver an impressive throughput of over 4,800 wafers per hour for the mass production scalable MB PERC technology.