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DGAP-Ad-hoc News vom 15.01.2020

SINGULUS TECHNOLOGIES signs contract for the delivery of production systems for CIGS solar modules

SINGULUS TECHNOLOGIES AG / Key word(s): Incoming Orders
SINGULUS TECHNOLOGIES signs contract for the delivery of production systems for CIGS solar modules

15-Jan-2020 / 14:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of Insider Information Pursuant to Art. 17 MAR

SINGULUS TECHNOLOGIES signs contract

for the delivery of production systems for CIGS solar modules


Kahl am Main, 15 January 2020 - SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) today signed contracts for a large order with the customer (CNBM) Bengbu Design and Research Institute of Glass Industry Co., Ltd., Bengbu, China, a subsidiary of China National Building Materials, China, for the Xuzhou site for the delivery of systems for the production of CIGS solar modules.

The order volume for Xuzhou is in the first stage of expansion EUR 50 million.

The planned final output of this factory is 300 MW. This is to be achieved by the customer in a downstream, second expansion stage for this factory location.

The down payment for this order is expected in a timely manner.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5
Maren Schuster, Head of Investor Relations, Tel.: + 49 (0)160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202 924
E-mail: [email protected]

 


15-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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