COLEXON Energy AG signs long-term delivery agreement with Moser Baer of micro-amorphous thin film modules until 2012

(PresseBox) ( Hamburg, )
COLEXON Energy AG, a leading system integrator for turnkey solar power plants, today has signed a framework contract with Moser Baer Photo Voltaics Ltd on the delivery of solar modules of a total of over 130 Megawatt peak until the year 2012. The contract consists of a fixed and an optional volume which can be ordered according to market conditions. From the fourth quarter of 2008 until the first half of 2009, COLEXON will procure mostly amorphous modules, from the second half of 2009 onwards innovative micro-amorphous thin-film modules.

The production of mirco-amorphous thin-film modules is considered to be one of the most promising photovoltaic technologies. According to market experts, the advantages are to be seen in the cost effective production process which consumes fewer raw material as well as in the higher efficiency compared to amorphous modules. The large module size - with 5.7 sqm Moser Baer modules will be of the largest in the world - allows for considerable cost saving potential in sub-construction and cable material.

Depending on the installation (building-integrated, roof-top or open field), these modules can also be delivered half or quarter sized. The micro-amorphous modules will be manufactured in Moser Baer Photovoltaic's facilities in New Delhi India, using a fully automated Gen 8.5 production line of the US-based supplier Applied Materials.

As one of the first players of the industry, COLEXON has specialised on thin-film projects already since 2005. With this contract, COLEXON continues its strategy to consequently implement its expertise in thin-film technology.

About Moser Baer Photo Voltaic Ltd Moser Baer Photo Voltaic incorporated in New Delhi, a wholly owned subsidiary of Moser Baer India Ltd, in the business of photovoltaic (PV) cells and modules. MBPV plans to manufacture solar cells and modules by straddling multiple technologies including crystalline silicon, concentration and thin films. The manufacturing facilities are housed in a renewable energy SEZ at Greater Noida.

The parent company, Moser Baer India Limited is a global technology company. It is the second largest manufacturer of optical storage media in the world and has business interests in Solar Energy, Entertainment and IT Peripherals & Consumer Electronics. MBIL reported revenues of around Rs 2,000 cr in FY07. Please also see;
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