LPKF Laser & Electronics : receives order to equip factory for manufacturing CIGS thin-film solar modules
December 16, 2020 at 03:17 pm
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12/16/2020
LPKF receives order to equip factory for manufacturing CIGS thin-film solar modules
For the past 13 years, technology company LPKF Laser & Electronics AG (LPKF) has been a globally leading supplier of highly specialized laser systems for structuring thin-film solar modules with CdTe (cadmium telluride) technology. Now, for the first time, LPKF has received an order to equip manufacturing facilities which will make thin-film solar modules with CIGS (copper indium gallium selenide) technology. Together, these two technologies dominate thin-film solar module manufacturing today.
LPKF manufactures laser systems for structuring thin-film solar modules at its subsidiary in Suhl, Germany
With the order received today, LPKF now has orders on hand in the CIGS segment of approximately EUR 10 million, from an existing customer. With that, the volume LPKF expects from the framework agreement with this customer, which was communicated on 27 September 2020, increases to approximately EUR 28 million. Revenue from that framework agreement is expected to be realized beginning in the second quarter of 2021 and into 2022, confirming the company's internal revenue planning in the Solar segment.
'I am happy that the continuing development of our laser technology into a differentiated solution for customers who intend to manufacture thin-film solar modules with CIGS technology is now paying off. Our CIGS solution will increase the competitiveness of CIGS thin-film solar modules, and that of our customers,' says CEO Goetz M. Bendele.
LPKF's ultra-precise laser technology enables manufacturers to significantly increase the conversion efficiency of each individual solar module. This makes the production of solar electricity more competitive - even without state subsidies. Against the backdrop of accelerating climate change, LPKF's solar scribing systems help make energy generation both cleaner and more sustainable.
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LPKF - Laser & Electronics AG published this content on 16 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2020 15:16:04 UTC
LPKF Laser & Electronics SE, formerly known as LPKF Laser & Electronics AG, is a Germany-based company, which operates as a supplier of laser-based solutions for the technology industry. Its products are used in the manufacture of printed circuit boards, microchips, automotive parts, solar panels and many other components. The Company has four operating segments: development, electronics, welding, and solar. The development segment develops systems for printed circuit board development and research and systems for biotechnology. The electronics segment develops systems for electronic production and the manufacture of glass components. The welding segment develops systems for plastic welding and the solar segment develops systems to produce solar cells and for laser transfer printing.
LPKF LASER & ELECTRONICS SE 
