Agreement to expand sale of UNI-SOLAR(R) products in Italy
AUBURN HILLS, Mich., May 7 /PRNewswire-FirstCall/ -- United Solar
Ovonic, a wholly owned subsidiary of Energy Conversion Devices, Inc. (ECD)
(Nasdaq: ENER), announced today that it has received two orders totaling
over $ 5.8 million of photovoltaic (PV) products from Unimetal S.p.A to be
delivered before September 2007.
Unimetal, a supplier of sheet metal roofing materials based in Torre
San Giorgio, Italy, will integrate the unique UNI-SOLAR(R) flexible solar
products in its steel metal roofing products for distribution in Italy,
France and Spain.
"These recent orders demonstrate the acceptance of our product in the
Italian market. With the new feed-in tariff recently approved in Italy,
there is a preference for building integrated photovoltaic installations,
which received the highest incentive levels. Our OEM agreement with
Unimetal follows our overall strategic plan to expand our presence in
emerging markets like Italy," said Maarten van Cleef, Key Account Manager
of United Solar Ovonic for Southern Europe.
"Unlike traditional crystalline technology, which typically uses heavy,
glass panels, UNI-SOLAR(R) products are flexible, durable, lightweight, and
easy to install. Because of these characteristics, UNI-SOLAR(R) products
offer the ideal solution for building integration. Additionally,
independent studies in Europe and elsewhere have shown that our
triple-junction products deliver more energy per rated power than the
conventional crystalline products," said Salama Naguib, Vice President -
Global Sales & Marketing of United Solar Ovonic.
"We have chosen UNI-SOLAR(R) flexible PV laminates to integrate with
our durable metal roofing panels, offering architecturally appealing PV
solutions to end customers, combined with excellent power production of
triple junction cells. United Solar Ovonic has been our preferred partner
for over four years now and we are happy to expand our business with them,"
said Antonio Cussino, President of Unimetal S.p.A.
About United Solar Ovonic
United Solar Ovonic, building on technology invented and pioneered by
ECD, is the world leader in thin-film amorphous photovoltaics. Because of
characteristics unique to the United Solar Ovonic solar cell technology,
such as lightweight, ruggedness and flexibility, it is ideal as
building-integrated photovoltaic roofing systems for residential and
industrial customers. ECD and United Solar Ovonic hold the basic patents
covering the continuous roll- to-roll manufacturing of thin-film
amorphous-silicon alloy multi-junction solar cells and related products.
More information is available at http://www.uni-solar.com.
About Unimetal
Unimetal S.p.A. (http://www.unimetal.net) is a leading company in the
sheet metal sector and the production of civil, industrial and agricultural
coverings in Italy. On-going product-based research and development has
brought about the development of safe and practical systems that guarantee
perfect multi-purpose coverings.
As technical consultants, Unimetal provides clients with support and
assistance in all phases from design to installing. With its numerous
branches, Unimetal covers both the national and European markets by
adapting production to the needs and requirements of its clients.
SOURCE United Solar Ovonic
 back to top
Related links:
http://www.ovonic.com
http://www.unimetal.net http://www.uni-solar.com
CONTACT:
Maarten Van Cleef, Key Account Manager,
Southern Europe, of United Solar Ovonic, mvancleef@uni-solar.com;
or Antonio Cussino, President of Unimetal S.p.A, +39.0172.96.155,
or fotovoltaico@unimetal.net
|
