Solarvalue AG
Solarvalue AG: Solarvalue still looking for investors – Exhibition Meetings underline strong interest in a cost efficient production process for solar grade silicon
Solarvalue AG / Key word(s): Alliance/AGM/EGM 29.06.2011 / 09:15 Berlin, 29.06.2011: With approximately 77,000 visitors from 156 countries and 2,280 exhibitors the Intersolar Europe, that took place in Munich from June 8 to June 10, set a new record for both figures, visitors and exhibitors. At this largest solar exhibition worldwide Solarvalue representatives again had meetings with potential strategic partners. Dr. Christian Bornhauser, Member of the Managing Board at Solarvalue AG: 'The meetings we had with solar experts and potential investors from China, India, the U.S. and Europe at the solar exhibitions in Shanghai, Berlin and Munich show a continuing demand for solar grade silicon. However, it is expected that in the medium term the market will face overcapacities and a drop in raw material prices. Potential partners and investors therefore are much more cautious than a few years ago. But fact is that a cost saving and efficient production process for solar grade silicon still is of very high strategic interest for many market participants. Beside the cost advantage the process to produce solar grade silicon, developed by Solarvalue, enables production costs of approximately USD 18 per kilogram, which is far below the costs compared to mainstream production processes. While the validation of the process for the reduction of the critical elements phosphorus and boron is already proven, we now focus on the search of a strategic partner and the implementation of an industrial scale production.' Upcoming events: The Annual General Meeting is scheduled to take place in Berlin on August 31, 2011. Representatives of the Solarvalue AG will participate at the 26th European Photovoltaic Solar Energy Conference and Exhibition (EUPVSEC) beginning of September in Hamburg to continue the dialogue with potential strategic partners. IR contact: max. Equity Marketing GmbH Maximilian Fischer Marienplatz 2 D-80331 München Tel.: +49 89 139 2889 0 Fax.: +49 89 139 2889 29 e-Mail: ir@solarvalue.com End of Corporate News --------------------------------------------------------------------- 29.06.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 130044 29.06.2011
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