SCHOTT to Build New Solar Receiver Manufacturing Facility in Spain

SCHOTT will establish a second manufacturing facility for solar receivers, a key component of solar thermal parabolic trough power plants, in Spain’s Sevilla region, effectively doubling its current solar receiver production capacity by the beginning of 2008.

The new plant will require a capital expenditure of approximately $28 million and joins the company’s first dedicated solar receiver production line at the manufacturing site in Mitterteich (Bavaria), which was inaugurated last August. “Parabolic trough power plants offer enormous potential for meeting tomorrow’s power supply demands,” said Professor Udo Ungeheuer, Chairman of the Board of Management of SCHOTT. “We decided to build our second production line in Spain because this is where our European customers are based. Furthermore, the region along the Mediterranean has developed into a promising market for solar thermal power plants.” SCHOTT has already received orders to supply receivers for the solar power plants currently being constructed in Nevada and in Andalusia. The project in Nevada, the 64-megawatt (MW) Nevada Solar One power plant, is the largest solar thermal power plant to be built in the U.S. in more than a decade. The project in Andalusia represents the first commercially operated solar thermal power plant in Europe. SCHOTT delivered the high quality special glass tubing used as envelopes in nine solar thermal power plants located in the Mojave Desert in California, with a total capacity of 354 MW. In 2004, SCHOTT developed its own high-performance receiver, the PTR 70, which offers substantially improved quality when compared to previous solar receivers.