Solarvalue AG | the next level company

01_COMPANY

02_SOLAR SILICON

03_NEWS+DATES

04_INVESTOR RELATIONS

05_PRESS

PRESS RELEASES

PRESS REVIEW

MATERIAL

PRESS CONTACT

ARCHIVES

PRESS RELEASES

Solarvalue AG and Moser Baer PV
Announce Partnership

World leader in optical media invests into
Solar Silicon Production facility

Today Solarvalue AG and Moser Baer announced that the latter has
acquired a 40 % stake in Solarvalue Proizvodnja d.d. Moser Baer will do a
significant investment as a shareholder in this project.

Moser Baer India limited, the parent of Moser Baer Photo Voltaic (MBPV), is
the second largest blank optical media company in the world with a global
leadership position in manufacturing high technology products and
technology commercialisation. The acquisition will guarantee MBPV an
assured supply of high grade solar wafers and help Solarvalue
increase the production capabilities of its silicon production plant in Ruse,
Slovenia.

“It is a win-win situation for Solarvalue and Moser Baer as both companies
will now have a presence in the entire PV value chain,” says Claudia
Boehringer, CEO, Solarvalue. “Our short-term production goals and the
next steps for refurbishment remain the same. Moser Baer’s longstanding
experience in commercialising technology and rapid scale up will foster our
position in the global PV market. We also expect further synergies from this
partnership.“

Ravi Khanna, CEO, MBPV: “Solarvalue wants to emerge as a leading
producer of solar grade silicon. It is our goal to be a significant player in the
fast growing PV market space and this acquisition will enable us to access
high quality solar grade silicon at competitive pricing.”

Solarvalue plans to set up a capacity of 4.400 tonnes of solar grade silicon
by the end of 2008. Moser Baer PV had recently announced setting up the
largest Thin Film solar fab in the world and has invested in three US based
technology companies. Its 80MW crystalline Silicon plant has already com-
menced trial production and is well on its way to start commercial produc-
tion in April ’07. The company plans to clearly straddle multiple future
technologies and emerge as an engineering & technology driven company.
MBPV is moving towards technological leadership in this high growth
industry and is developing a sustainable competitive edge by investing into
disruptive technologies.

About Solarvalue AG:
Solarvalue AG was established in June 2005 by Dr. Karoly Horvath. The
initial purpose of the company is the manufacture of solar grade silicon
with its Solarvalue Proizvodnja d.d. at the TDR facility in Ruse, Slovenia. The
long-term goal is the development of the entire value chain of an inte-
grated PV enterprise. For more details, log on to www.solarvalue.com

About Moser Baer Photo Voltaic:
Moser Baer Photovoltaic incorporated in New Delhi, a wholly owned sub-
sidiary of Moser Baer India Ltd, in the business of photovoltaic (PV) cells
and modules. MBPV plans to manufacture solar cells and modules by
straddling multiple technologies including crystalline silicon, concentration,
nano technology and thin films. The manufacturing facilities are housed in
a renewable energy SEZ at Greater Noida. For more information, log on to
www.moserbaerpv.in

Berlin, 29.03.2007