September 2011 – Smit Ovens reports major sales growth for CIGs and CdTe thermal tools

Leading thin-film solar manufacturers have placed orders for 20 production systems in 2011

Ekkersrijt, the Netherlands, 3 September, 2011 – Smit Ovens today announced that it has seen strong sales growth for its thermal solutions for high volume thin-film solar production so far in 2011. The company has sealed deals for 16 atmospheric pressure thermal tools for CdTe production – making it the market leader with the largest installed equipment base in this field.

Smit Ovens has also sold four of its second generation in-line selenization tools for CIGS production in 2011.  This new generation reflects Smit Oven’s commitment to continuing development of this technology. Working closely with customers, it aims to create solutions that give manufacturers full control over the production process.

“We believe that thin film solar has a great future. And our deals with leading companies show that they share our belief that now is the time to invest in this technology,” says Wiro Zijlmans, CEO, Smit Ovens. “The challenge for manufacturers is to move into high volumes with consistently high yields. We’ve proven that our thermal systems and processes can deliver this vital high performance for industrial production.”

Looking ahead, Smit Ovens foresees continued strong sales in this sector, with a book to bill ratio of more than two in September 2011.

Smit Ovens is exhibiting at the 26th EU PVSEC, at the CCH Congress Centre and International Fair Hamburg, Germany, 5-8 September 2011. Hall A4, stand B22

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