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SCHOTT Solar Plans Expansion of U.S. Solar Business (posted 9/27/07)

September 27, 2007
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SCHOTT Solar recently made a major commitment to the U.S. solar power market as it announced plans to build a new photovoltaic manufacturing facility.

SCHOTT Solar recently made a major commitment to the U.S. solar power market as it announced plans to build a new photovoltaic (PV) manufacturing facility that will increase its domestic PV production by more than 60 MW. SCHOTT Solar is currently evaluating locations for the new facility, which is scheduled to go online in 2009.

In addition to producing solar PV modules, the new facility will be designed to produce receivers for concentrated solar power (CSP) plants. This will provide SCHOTT with the ability to begin producing solar receivers at the facility if the market develops as the company anticipates. Anticipating future production increases of its solar power technologies, the new site will be built to support later expansion of both SCHOTT’s PV and its solar receiver lines as the U.S. renewable energy market continues to grow.

“Demand for renewable energy in the United States is skyrocketing,” said Udo Ungeheuer, Ph.D., chairman of the board of management of SCHOTT AG. “As one of the only companies that possesses the manufacturing expertise needed to produce both PV modules and receivers for solar thermal power plants, SCHOTT Solar is uniquely positioned to expand U.S. production of these technologies, and thereby play a major part in helping the United States secure its ambitious renewable energy production goals.”

The new site will compliment SCHOTT Solar’s existing Billerica, Mass., facility, which has a capacity of 15 MW and produces the SCHOTT ASE-300 Watt PV module, reportedly one of the largest standard-sized modules available on the market today.

Visit www.us.schott.com for additional details.

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