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Press release Box-ID: 381217

SCHMID Group | Gebr. SCHMID GmbH Robert-Bosch-Str. 32-36 72250 Freudenstadt, Germany https://www.schmid-group.com
Contact Ms Magdalena Harter +49 7441 538494
Company logo of SCHMID Group | Gebr. SCHMID GmbH
SCHMID Group | Gebr. SCHMID GmbH

Gebr. Schmid GmbH &Co and Schmid Silicon Technology GmbH

Gebr. Schmid GmbH & Co. and Schmid Silicon Technology GmbH are continuing its expansion in Asia

(PresseBox) (Beijing, )
During the visit of the German business delegation in Beijing under the leadership of Germans minster of economics Rainer Bruederle the companies Gebr. Schmid and Schmid Silicon Technology could underline their leading position in the photovoltaic equipment business by signing strategic, long term cooperation agreements with the three leading Chinese companies Guodian Electronics Group, Sanmenxia Dijiu Mining and DMEGC - Group.

The total volume of the agreements which are covering investments throughout the whole value chain of the photovoltaic starting from polysilicon production through solar wafer and solar cell to solar module production amounts to about 2 Billion Euro out of which 200 Million Euro could be already signed as firm contracts in the first step.

These agreements are also including the supply of turnkey factories for the production of Polysilcon by using the revolutionary monosilan technology.

This is a new milestone in the history of Schmid Silicon Technology due to the fact that the Polysilicon production step still offers a high potential of cost down possibilities, bringing the PV industry closer to grid parity.

In parallel to the agreements for the expansion of production capacities it was also important for Schmid to expand the technology centre structure within China - the biggest market worldwide for photovoltaic production technologies.
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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.