September 15, 2009

Pozzolo Formigaro, Italy: Lux to Commence Wafer Production

At the beginning of July, Lux signed an agreement with ALD Vacuum Technologies GmbH for the supply of a type SCU400plus DSS (directional solidification system). The furnace is used to grow multicrystalline ingots.

The installation of the furnace will start at the beginning of October at the company's facility of Pozzolo Formigaro, in northern Italy. This will allow the start up of the first wafer producer in Italy that same month.

Lux capacity will amount to 200,000 pieces per month. The wafers will be manufactured using virgin polysilicon to grant the high quality needed to enter in the actual photovoltaic market.

Other than wafer production, Lux is now entering in an agreement to also start solar cell production. The further cells production will allow the company to enter the Italian market in a more complete manner.

The Lux manufacturing start up has been facilitated by funding from Piemonte County, via the European Community.

Following a period of market studies, the company will start with its own wafer production to satisfy part of Italian demand for wafers as well as some European demand.

Lux says its initiative opens the doors for to achieve the first Italian photovoltaic vertically integrated chain, for manufacture of solar modules in Italy.

Further details about: Lux s.r.l