FORT COLLINS, Colo., July 18 /PRNewswire-FirstCall/ -- Advanced Energy
Industries, Inc. (Nasdaq: AEIS) today announced it has received a
multiple-system order from a leading European provider of solar-cell
manufacturing equipment. This customer ordered four Summit(R) DC power
systems for physical vapor deposition (PVD) applications based on their
success with AE Pinnacle(R) DC products. AE's Summit family optimizes
critical zinc-oxide-layer deposition processes with its advanced arc
management, enabling higher-quality manufacturing with greater throughput
and yields. The Summit power systems have been delivered to the customer's
facility in Europe, where they will be integrated into manufacturing
equipment to be shipped to a solar-cell maker based in Germany.
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Industry sources estimate that currently over 90 percent of solar cells
are manufactured using non-thin-film processes with silicon wafers and
other thick substrates. By 2007, production of solar technology will grow
by 18 percent with a substantial portion of the growth coming from
thin-film solar panels, according to a report from investment bank Piper
Jaffray. AE's DC power systems enable solar photovoltaic (PV) thin-film
processes by reducing the requirement for large quantities of increasingly
scarce and expensive silicon for high-volume solar-cell production. As the
industry attempts to lower system costs, thin-film technology is providing
cost efficiencies to meet the escalating demand of the high-growth,
thin-film solar-cell market.
"We are very pleased by the rapid adoption of our power systems within
the thin-film solar-cell market sector," noted Dr. Hans Betz, Advanced
Energy president and CEO. "Our collaborative partnerships with equipment
OEMs help us to understand their specific requirements and allow us to
provide them with enabling products that optimize their critical processes
for thin-film solar-cell manufacturing. This market's projected growth
represents a significant opportunity for our process-optimization
solutions, and we look forward to continuing our development efforts in the
area of solar power."
One critical process for thin-film solar-cell production is transparent
conductive oxide (TCO) layer deposition. Key to depositing a successful TCO
layer is the arc management within the PVD process step. The Summit DC
power system offers state-of-the-science arc management-managing 4,000 arcs
per second to allow use of targets with cost-effective, relaxed-material
requirements. This results in high repeatability and precision for tight
plasma process control for consistently higher yields. It accommodates all
regional input voltages, enabling superior operating flexibility in the
vast majority of electricity supply circumstances, including brownouts.
Integration of AE's Summit DC 50 kW power system allows this leading
customer's manufacturing equipment to provide higher quality and greater
yields for thin-film solar-cell manufacturing.
About Advanced Energy(R)
Advanced Energy(R) develops innovative power and control technologies
that drive high-growth, plasma thin-film manufacturing processes worldwide,
including semiconductors, flat panel displays, data storage products, solar
cells, architectural glass and other advanced product applications.
AE(R)'s product portfolio includes precise, flexible power systems;
reliable gas and liquid flow-management systems; accurate thermal
instruments; and global support services. Leveraging this focused product
portfolio and technology leadership, AE creates solutions aimed at
maximizing process impact, improving productivity and lowering cost of
ownership for its customers, including original equipment manufacturers
(OEMs) and end-users around the world.
AE operates in regional centers in North America, Asia and Europe and
offers global sales and support through direct offices, representatives and
distributors. Founded in 1981, AE is a publicly held company traded on
Nasdaq Global Market under the symbol AEIS.
For more information, go to www.advanced-energy.com
Advanced Energy(R), AE(R), Pinnacle(R) and Summit(R) are trademarks of
Advanced Energy Industries, Inc.
SOURCE Advanced Energy Industries, Inc.