United Solar Ovonic's Second Installation for GM AUBURN HILLS, Mich., Sept. 14 /PRNewswire-FirstCall/ -- United Solar Ovonic, a wholly owned subsidiary of Energy Conversion Devices, Inc. (NASDAQ:ENER), announced today that it has been selected for one of the largest solar power installations in corporate use. Uni-Solar PV solar panels will be installed on the roof of the GM facility in Fontana, California. When completed in December, the installation will produce 1.3 million kilowatt hours of electricity a year, roughly the amount needed to power 500 homes for one year. The Fontana solar array will be installed atop GM's 300,000 square foot warehouse facility. This installation follows United Solar Ovonic's similar- sized installation at another GM facility in Rancho Cucamonga. Subhendu Guha, President of United Solar Ovonic, said: "This is our second installation for GM after the 1MW solar installation in Rancho Cucamonga. We are gratified, of course, that UNI-SOLAR(R) panels are the product of choice for GM and for a growing list of corporations advancing the increased use of renewable energy." "At General Motors we understand that good environmental decisions are good business decisions and solar energy is a perfect example of this," said Elizabeth A. Lowery, GM vice president, Environment, Energy and Safety Policy. "The new solar arrays on our rooftops are reducing our energy costs and carbon footprint, while providing green energy to the community." Constellation Energy Projects & Services Group, a division of Constellation Energy, will own and operate the rooftop system and provide power to the GM facility under a 25-year power purchase agreement. 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/. This release may contain forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on assumptions which ECD, as of the date of this release, believes to be reasonable and appropriate. ECD cautions, however, that the actual facts and conditions that may exist in the future could vary materially from the assumed facts and conditions upon which such forward-looking statements are based. The risk factors identified in the ECD filings with the Securities and Exchange Commission, including the company's most recent Annual Report on Form 10-K, could impact any forward- looking statements contained in this release. DATASOURCE: United Solar Ovonic CONTACT: Qudrat Delawari, Vice President, United Solar Ovonic LLC, +1-858-530-8586 Web site: http://www.uni-solar.com/

Copyright

Accretion Acquisition (NASDAQ:ENER)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024 Accretion Acquisition 차트를 더 보려면 여기를 클릭.
Accretion Acquisition (NASDAQ:ENER)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024 Accretion Acquisition 차트를 더 보려면 여기를 클릭.