Successful 1st quarter 2013 for the leading manufacturer of backsheets for photovoltaic modules
• Incoming orders for Q1/2013 in excess of forecast
• Production in Austria and China well utilized
• Very promising trade fair appearance at the PV Power Expo in Shanghai
• Global certifications confirm high quality of the products
Lebring, June 3rd, 2013
The first few months of 2013 came in well above the expectations of ISOVOLTAIC AG, the leading manufacturer of backsheets for PV modules. The company had already responded last year to the turnaround in the photovoltaic market and had successfully adjusted its structure to this difficult market situation.
The year began very positively. Incoming orders in the 1st quarter 2013 were significantly above budget. As a result, the production and finishing sites in Austria and China are very well utilized and working in multi-shift operation.
We can also report currently on a very promising trade fair appearance by ISOVOLTAIC at the 7th PV Power Expo (“SNEC”) in Shanghai at which the high-quality ICOSOLAR® backsheets and encapsulation materials met with keen interest from the module producers.
The successful certifications (TÜV, UL and JET) of the new developments from the ICOSOLAR® product range in recent months specifically illustrate that ISOVOLTAIC is always in touch with the latest trends with its constant enhancements and new developments and is well able to maintain its technology leadership.
In addition to the strengthened headquarters in Lebring/Austria, where the company’s core competencies including R&D and production are pooled, ISOVOLTAIC is increasingly positioning itself in the Asiatic market in order to offer optimum service to its customers there also.
Besides the existing company Changzhou Isovoltaic Composite Materials Co., Ltd. (China), ISOVOLTAIC Asia-Pacific Ltd. with its registered office in Hong Kong was established as ISOVOLTAIC’s hub in Asia. We will be opening another site in China as ISOVOLTAIC (Suzhou) Composite Materials Co., Ltd. in autumn 2013. In addition to existing activities, this will enable us to further expand the final assembly of our ICOSOLAR® backsheets and encapsulation materials. We are also working intensively on expanding our sales and supply chain activities in India and Japan.
Picture © ISOVOLTAIC: Lively interest at the 7th PV Power Expo („SNEC“) in Shanghai
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About ISOVOLTAIC AG
ISOVOLTAIC AG is the global market and technology leader for the development and production of backsheets, a key component of photovoltaic modules. ICOSOLAR® backsheets and encapsulation films provide long-term protection for solar cells and they reliably ensure that sunlight can be efficiently converted into usable energy. Products are sold mainly to large solar module manufacturers in Europe and Asia.
ISOVOLTAIC AG with its headquarters in Lebring near Graz in Austria has over 25 years of experience in the production of high-quality composite protective films for solar cells. The company’s key skills, including research & development and production, are focused in Lebring. With 3 subsidiaries in China, which concentrate on market development, sales and final production close to the customer, ISOVOLTAIC is positioned very strongly in the middle of the Asiatic region which is so very important for the photovoltaic market.
The company is managed by Thomas E. Rossegger, CEO and Manfred Schlögl, CTO.
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