September 02, 2008 Lehigh Valley, Pa.
Air Products (NYSE:APD) announced an agreement to supply Schott Solar’s new production facility in Albuquerque, N.M. with liquid nitrogen, oxygen, argon and hydrogen. The new plant, which will manufacture photovoltaic modules and receivers for concentrated solar thermal power plants, is expected on-stream in the spring of 2009.
“We are proud that Air Products’ expertise in the safe and efficient handling and delivery of bulk liquid gases helped win this new business and we look forward to growing with Schott Solar in the future,” said Jeff Handelman, general manager, Photovoltaics, for Air Products. "We view the solar market as a strategic growth engine for Air Products' Electronics division. Our strong materials position globally, along with our technology, supply chain and project management experience fits well with the needs of this industry."
With the demand for renewable energy and improved efficiency on the rise, Air Products is well positioned to take advantage of these emergent markets due to its experience in areas such as: large scale hydrogen supply for cleaner transportation fuels, developmental work on the hydrogen economy, hydrogen vehicle fueling and infrastructure issues, leading natural gas liquefaction technology, advanced materials for lithium ion electrolytes for longer life batteries, and now the mounting supply of gases and services for photovoltaics.
To learn more about Air Products’ offerings to the photovoltaics market, please visit: www.airproducts.com/photovoltaics
About Air Products
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of $10 billion, operations in over 40 countries, and 22,000 employees around the globe. For more information, visit www.airproducts.com.
About SCHOTT Solar
SCHOTT Solar’s high quality products exploit the virtually inexhaustible potential of the sun as a renewable source of energy. For this purpose SCHOTT Solar produces important components for photovoltaic applications and solar energy plants with parabolic trough technology. In the photovoltaic industry, the company is one of the few integrated manufacturers of crystalline silicon wafers, cells and modules. Wafer production is mainly carried out through a WACKER SCHOTT Solar joint venture, which ensures the supply of silicon necessary for long-term growth.
Thanks to over 20 years of experience in thin-film technology, SCHOTT Solar also regards itself as one of the industry’s cutting-edge companies. In receiver production for solar power plants with parabolic trough technology, SCHOTT Solar considers itself to be the market and technology leader. The receivers are key components in large-scale power plants that generate electricity from solar energy centrally on the basis of parabolic trough technology and can supply entire cities with power.
SCHOTT Solar has production facilities in Germany, the Czech Republic, the USA and Spain. SCHOTT Solar’s innovative power and technological expertise date back to the late 1950s. SCHOTT Solar GmbH is a wholly owned subsidiary of the international SCHOTT technology group. The SCHOTT develops special materials, components and systems for the household appliance, pharmaceutical, solar energy, electronics, optical and automotive industries. With around 16,700 employees, the SCHOTT Group generated a worldwide turnover of about 2.1 billion euros in fiscal year 2006/2007.
NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.