rough translation of german story on ESLR's everQ IPO
"...EverQ looks wants to increase sixfold would jeer far ahead firm out of Thalheim its capacity OF Steffen, thinks 17.01.08, 20:16h, updates 19.09.08, 16:21h
EverQ boss Rainer Moor EverQ boss Rainer Moor in the building of the third production line already of the next expansions. (Photo: EverQ) picture as E Card send picture as E Card send Thalheim/MZ. With the building of a third factory, the solar business EverQ continues its rapid growth. On Thursday became in Thalheim, an area of bitter field wolfs that put cornerstone for a third production line. "We become our capacity around 80 megawatts on approximately 180 megawatt peak performance increase", said EverQ manager
Rainer Moor. To the comparison: 80 megawatts corresponds to about the demand for electricity of 20,000 households.
Through the new factory, that should receive end 2008 its business, emerge according to Moor of approximately 500 new jobs. Sought become chemistry specialist, technician and also sales people above all. The total number of the employed should climb therewith year in the course on at least 1,400. The 150-Millionen-Euro-Investition serves makes itself not only the production extension, EverQ therewith also lovely for the desired stock exchange debut.
There is an exact timetable for the stock exchange listing after company sources presently not yet. Moor reckons with a stock exchange listing in the fourth quarter 2008 or 2009: Therewith the business should become partner Evergreen with a presumable revenue of 140 until 150 million Euro this year more independent of solar (USA), Q Cells (Germany) and the Renewable Energy corporation ASA (REC) from Norway.
Presently EverQ constructs an own research and Vertriebsabteilung. During many other specialized manufacturers either the before product produce Wafer (thin disks out of crystalline silicon), photovoltaic cells and the finished product Solarmodule, places EverQ all three products under a roof here. For that the special String-Ribbon-technology is used. Between two wires (String), a silicon volume (Ribbon) long are awake. "We consume therewith only about the half the the in conventional photovoltaic cells of necessary silicon", so Moor. Let this be not only very economic, but rather beautiful also the environment. The technology is asked at the customers. According to Moor, the year production 2008 is sold already completely.
Also in the coming years, EverQ wants to invest therefore into new production plants. The building of a fourth production line already is planned for 2009, gives notice Moor on. It is the goal of raising until 2012 the productive capacities to 600 megawatts - therefore the sixfold of the current. Sufficient deliveries of the tight raw material silicon EverQ already contractually secured itself..." |
