SANTA CLARA, Calif.--(BUSINESS WIRE)--Sep. 22, 2009--
Applied Materials, Inc. announced today that it has signed a five-year
contract with ENN Solar Energy Co., Ltd. to support ENN’s solar
photovoltaic (PV) module manufacturing facility in Langfang, China,
which features an Applied SunFab™ Thin Film Line. Through its highly
flexible SunFab™ Performance Service
program, Applied will provide ENN with continuous operating cost
reductions while enabling optimal performance from the SunFab™
production line at a predictable cost that scales with factory loading.
Applied’s SunFab Performance Service program has been selected by all of
Applied’s customers currently producing single and tandem junction
modules on SunFab lines.
“ENN sees joining with Applied Global Services as a powerful strategy to
optimize the return on our investment in our SunFab line,” said Dr. Rick
Wan, General Manager of ENN Solar. “This agreement will allow us to
replace much of our fixed cost infrastructure with a variable
alternative that can flex as the market changes. This flexibility will
free us to focus on successfully delivering high-performance, low-cost
modules to our customers, helping them win in the marketplace."
“We believe the combination of the revolutionary SunFab Thin Film Line
and SunFab Performance Service delivers the fastest path to the lowest
cost-per-watt and maximized megawatt output,” said Charlie Pappis, vice
president and general manager of Applied Global Services. “The fact that
all of our SunFab customers producing modules have selected SunFab
Performance Service for ongoing support is a strong testament to the
value proposition we offer.”
Under the agreement, Applied will leverage its dedicated, world-class
service infrastructure to provide ENN’s SunFab Thin Film Line with
preventive and corrective maintenance, spare parts management, and
analytical services. Using an unmatched range of engineering, logistics
and automation software technologies, highly experienced local support
experts will optimize equipment performance, maximize manufacturing
output and assure consistent cell characteristics. In addition, Applied
and ENN will work together to develop continuous improvement programs
that aim to increase module efficiency and lower operating costs.
ENN Solar Energy – a member of ENN Group – is a leader in the
manufacturing of large-size thin film module products. The company
produces and markets high performance silicon thin film modules of up to
5.7m2 per panel at low cost. Focusing on technology
innovation and the environmental improvement, ENN Solar's mission is to
make clean renewable energy more affordable and available worldwide.
Learn more at www.ennsolar.com.
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in
Nanomanufacturing Technology™ solutions with a broad portfolio of
innovative equipment, service and software products for the fabrication
of semiconductor chips, flat panel displays, solar photovoltaic cells,
flexible electronics and energy efficient glass. At Applied Materials,
we apply Nanomanufacturing Technology to improve the way people live.
Learn more at www.appliedmaterials.com.
Source: Applied Materials, Inc.
ENN Solar Energy Co., Ltd.
Lilia Liu, +86-(0)316-259-5193
(marketing)
liuliye@enn.cn
or
Applied
Materials, Inc.
Betty Newboe, 408-563-0647 (media)
Michael
Sullivan, 408-986-7977 (investment community)