07/16/2010 19:30:00 CEST
- Manz becomes a provider of turnkey integrated production lines for CIGS thin-film solar modules
Reutlingen/Schwäbisch-Hall, July 16, 2010 – Manz Automation AG and Würth Solar GmbH & Co. KG today signed a know-how licensing and strategic alliance agreement. This regulates the exclusive licensing of the production technology for CIGS photovoltaic modules from Würth Solar to Manz. In addition, in the strategic alliance agreement Manz Automation AG has also secured Würth Solar’s support for planning and executing the production lines for CIGS modules as well as the commissioning and ramp-up. A further key component of the agreement is the exclusive access to research results with regard to CIGS modules on glass substrates from the Zentrum für Sonnenenergie- und Wasserstoff-Forschung Baden-Württemberg (ZSW – Center for solar energy and hydrogen research), which results from the existing contractual relationship between Würth Solar and ZSW.
This strategic alliance has increased Manz Automation’s business model, which means that in the future it will be able to offer its customers an integrated production solution for CIGS solar modules. Manz Automation’s Managing Board believes that this step will bring significant revenue and earnings growth from fiscal year 2011.
Manz Automation will publish further details of this strategic alliance as part of a press release on July 19, 2010.
German Securities Identification Number (WKN) of the shares: A0JQ5U
Trading symbol: M5Z
Trading segment: Regulated market (Prime Standard) of the Frankfurt Stock Exchange
Manz Automation AG