| DGAP-News: Solar Value AG (German) Solar AG Value: The Next Steps Solar Value AG / Miscellaneous 17.11.2006 Corporate news transmitted by DGAP - a company of Equity AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------- ---------- Solar Value - The Next Steps The Solar Value Solar Silicon procedure Solar Value AG, Berlin, presented at a press conference in Berlin 17:11:06 their corporate strategy and explained the procedure for the next six months. John Mott, Managing Director of the future solar silicon factory in Ruse, Slovenia was the first time details of the manufacturing process is known. 'We expect the government approval to purchase the TDR factory in November,' says Claudia Boehringer, CEO of Solar Value AG. 'Immediately after, we begin with the conversion of the existing metallurgical factory on silicon production. We do this with the existing, experienced staff and management. Therefore, we can start with the solar grade silicon production after only six months. ' 'The purchase of Ruse factory is a godsend, "confirmed John Mott, an expert in silicon production, will lead conversion and production. 'We have there the essential large-scale systems and rehearsed staff. In the first step we will set up the 12 MW arc furnace M5 for silicon production. In him we reduce at 2,200 degrees Celsius high-purity quartz with high-purity metallurgical silicon with carbon to 99.9 +% purity. ' This process has Mott studied in the late 80s at Solarex. It is the process I further developed solar value method. Process II consists of several purification steps, which include repeated melting in induction furnaces. By directional solidification of heavy metals and most of the phosphorus be removed. The addition of a special slag binds more impurities including boron, carbon, and oxygen. Process III eventually reduced by a special temperature control during directional solidification boron and phosphorus below the required threshold for solar silicon. For the processes II and III an induction furnace and associated equipment to be worked up. Also, the laboratory is equipped for the new challenges. In spring 2007, the first solar grade silicon (SGS) will be available. Until the end of 2007 to 850 t are produced of high-quality solar silicon. By the end of 2008 Solar Value will increase the capacity to 4,400 tonnes per year of solar silicon. The amounts originally planned were reduced because otherwise could not be adhered to the ongoing delivery obligations in the existing calcium carbide. 'In the first six months of strategic investors will provide EUR 20 million for the construction of solar silicon production,' says a strategy consultant Jörg Duske. 'Since we are already planning the next step on the way to an integrated photovoltaic company, the names of the investors believed, can be called until the end of November.' One of the investors comes from India. He is particularly interested in the technological know-how. Another investor comes from Europe. He wants to secure the plant in Ruse a cheap supply of raw materials for its solar cell and module production. 'strategic partners buy into the Solar Value Production dd is a corporation organized under Slovenian law, and thereby secure the shares of production,' explains Duske . 'The majority of the shares remains at solar value. According to this principle Solar Value aims to build a network of partner companies that cover the entire value chain, from quartz to the photovoltaic system. ' next steps Duske keeps the production of ingots and wafers of SGS in Ruse possible: 'In addition to the existing factory is still enough space present '. Solarvalue AG was founded in June 2005 by Dr. Karoly Horvath. By founding the company Horvath wants to contribute to the global energy transition. Corporate purpose is the production of solar grade silicon from metallurgical grade silicon. The long-term goal is the development of the entire value chain of an integrated PV Group. The share of the solar value AG is listed on the Frankfurt Open Market. Contact Press Office: Dr. Klaus Heidler, Solar Consulting, Solar Info Center, D-79072 Freiburg, Phone +49/761/70 72 53 0, Fax 70 72 53 1, info@solar-consulting.de, www.solar-consulting.de information Solar Value AG: www.solarvalue.com, ir@solarvalue.com DGAP 17.11.2006 ---------------- ---------------------------------- Source: AFX News printed name News Diff% Exchange. Solarvalue owner- Shares oN 5.99 -3.23% Berlin-Bremen Solar prices have come down in recent times but I still don't prefer it just due to poor efficiency. |
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