Centrotherm Photovoltaics AG (CTN.DE) has received an order to construct a thin-film plant for Illies Renewables GmbH. Centrotherm will build a 50-megawatts (MW) production line for thin-film modules based on CIGS technology for its production location at Magdeburg-Rothensee, Germany.
The order value is in excess of EUR 60 million, according to a release. Delivery of the lines is scheduled to begin in the first half of 2010. Illies Renewables is a project development company active in the renewable energies area.
"It gives us great pleasure to support Illies Renewables in their entry into thin-film technology," commented Hans Autenrieth, member of the board of centrotherm photovoltaics AG.
Centrotherm says CIGS is currently the most efficient form of thin-film technology, achieving a rate of more than 20% in research settings.
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