![]() ![]() ![]() ![]() ![]() ![]() FAQ ![]() 01_ 02_ 03_ 04_ 05_ ![]() ![]() ![]() ![]() FAQ What are the goals of Solarvalue AG? Short term: ![]() To produce high-quality solar grade silicon (SGS) ![]() ![]() ![]() cost effectively from metallurgical silicon.Medium term: ![]() To establish an integrated group of companies to cover ![]() ![]() ![]() the entire value chain from material through to PV ![]() ![]() ![]() ![]() system.Long term: ![]() To make a sustainable contribution to changing ![]() ![]() ![]() the way energy is produced.Who is the CEO? Claudia Boehringer has more than 20 years' experience in the financial sector, working for companies such as Dresdner Bank AG and Bankhaus Löbbecke, Berlin. Her focus was on structuring her clients' investment securities. She was most recently employed by Anderson Capital, where she conducted research into the international solar market. For Solarvalue AG, she has brought together a team of experts from the worlds of finance, research, and marketing. Technology and Production Sites Where is the factory located? The factory is located on the factory premises of the TDR Factory in Ruse, a small town in Slovenia, near the border with Austria. Slovenia joined the European Union on 1st May 2004 and introduced the Euro as its national currency on 1st January 2007. What advantages does the TDR Factory in Ruse offer? A large part of the existing equipment such as arc furnaces, induction furnaces and smelting and casting plants can continue to be used. We will also be using the existing electricity and water supply, the rail transport facilities, the laboratories and the necessary access roads. At the same time, we will be taking over qualified personnel including managers. This will save time and costs during the start-up phase. What leads you to believe that you can make SGS from metallurgical silicon? The procedure we intend to use was applied successfully 20 years ago by American scientists. At that time, there was no solar industry and no shortage of materials. The TDR Factory in Ruse, Slovenia, formerly a calcium carbide production site, is ideal for conversion. In John Mott, Solarvalue has been able to acquire a expert in silicon manufacturing who was producing solar silicon back in the 1980s for the company Solarex. An independent consultant, Ted Ciszek, has used his expertise to examine the entire technical concept and has found it to be well thought-out and viable. Ted Ciszek was employed by the world's largest solar research institution, NREL in Golden, Colorado, for 25 years, his last position there being Head of Material Research into Crystalline Silicon. What are you going to do if the production of solar grade silicon doesn't succeed? We are very confident that our procedure for manufacturing solar grade silicon works. But we are already secure in that even if we produced metallurgical silicon, we would have a product for which there is great market demand. What is your timeframe? 2008 ![]() ![]() Development of production capacity to several ![]() ![]() ![]() thousand metric tons of solar grade silicon per year.Finances and Capital Market How many shares are there? The company currently has a fully paid-up share capital of EUR 1.050.000, divided into 1.050.000 bearer shares. Can you describe the shareholder structure? With 38% of the shares, the biggest shareholder is Solarvalue Holding GmbH, represented by the Managing Director, Dr. Karoly Horvath. Dr. Horvath is also the founder of the company. Less than 4% of the shares are held by management. Because of the share notification on the Open Market, the shareholders are under no legal obligation to report the exceeding or undercutting of threshold values. Even though it is not possible to comment in detail on the shareholder structure, we assume that 37% of the shares are held by institutional investors. |