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02/07/12 Smit Ovens forges partnership with Holst Centre and Solliance

Cooperation will accelerate development of thermal solutions for OPV's

Smit Ovens is joining forces with Holst Centre and Solliance to develop new thermal solutions for organic photovoltaics (OPV's). In a five-year deal, Smit Ovens becomes a partner in Holst Centre’s Large area printing program and Solliance’s OPV program. It will supply Holst Centre and Solliance with drying furnaces for a roll-to-roll processing pilot line. The partners will work together to define and modify OPV furnace specifications based on experience gained over the course of the agreement. This will reduce Smit Ovens time to market for mature, advanced thermal solutions that meet OPV manufacturers’ needs.

09/02/11 Smit Ovens reports major sales growth for CIGs and CdTe thermal tools

Smit Ovens today announced that it has seen strong sales growth for its thermal solutions for high volume thin-film solar production so far in 2011. The company has sealed deals for 16 atmospheric pressure thermal tools for CdTe production – making it the market leader with the largest installed equipment base in this field. Smit Ovens has also sold four of its second generation in-line selenization tools for CIGS production in 2011. This new generation reflects Smit Oven’s commitment to continuing development of this technology...

01/06/11 Active Capital Company invests in Smit Ovens

Active Capital Company has invested in Smit Ovens with a capital injection in exchange for a majority of the shares. The investment supports the aggressive growth plans of Smit Ovens, a leading supplier of customized thermal equipment and processes in the photovoltaics (PV) industries. Smit ovens employs around 50 people and currently has around 3000 installations operating, including some 80 in the solar industry, many at global leaders in the thin film segment...