UNI-SOLAR Laminates to Power World's Largest Rooftop Solar System for General Motors
08 7월 2008 - 9:00PM
PR Newswire (US)
Solar Power System to Produce 15 Million Kilowatt Hours of
Renewable Energy Annually ROCHESTER HILLS, Mich., July 8
/PRNewswire-FirstCall/ -- Energy Conversion Devices, Inc. (ECD)
(NASDAQ:ENER), announced today that its UNI-SOLAR(R) thin-film
flexible solar laminates will power the world's largest rooftop
solar power system. The 12-megawatt system is being installed on
GM's assembly plant in Figueruelas, Zaragoza, Spain and will become
operational in the fall of 2008. ECD will supply the solar
laminates through its wholly owned subsidiary, United Solar Ovonic,
LLC. When fully operational, the photovoltaic system will have a
peak capacity of 12 megawatts, producing as much as 15 million
kilowatt hours of "green" energy annually, enough to power
approximately 4,500 homes. The Zaragoza facility marks the third
major use of UNI-SOLAR laminates by GM. UNI-SOLAR thin-film
flexible solar laminates also power GM parts warehouses in Rancho
Cucamonga and Fontana, California, two of the largest rooftop solar
power installations in the United States. "We are pleased that GM
is again using United Solar as its solar provider, and that our
UNI-SOLAR laminates are the product of choice for the world's
largest rooftop solar system," said Mark Morelli, president and CEO
of Energy Conversion Devices. "Our UNI-SOLAR laminates are an ideal
match for rooftop systems like this one, and we are proud to be a
part of this project." "While there has been recent uncertainty
about government incentives for solar energy in Europe, and
specifically in Spain, we have had great success with our products
throughout Europe, and this project expands our presence in Spain
where we see excellent growth opportunities for our UNI-SOLAR
laminates, especially in building integrated and commercial rooftop
applications," added Mr. Morelli. GM partnered with Veolia
Environnement, a world leader in environmental services,
Clairvoyant Energy S.L., the solar energy developer, and the
Government of Aragon to develop the Zaragoza renewable energy
project. GM will lease its roof space to Clairvoyant Energy and
Veolia Environnement, who will build, own and operate the rooftop
solar installation. About Energy Conversion Devices: Energy
Conversion Devices, Inc. (ECD) (NASDAQ:ENER) is the leader in
building integrated and commercial rooftop photovoltaics, one of
the fastest growing segments of the solar power industry. The
company manufactures and sells thin-film solar laminates that
convert sunlight to energy using proprietary technology. ECD's
UNI-SOLAR(R) brand products are unique because of their
flexibility, light weight, ease of installation, durability, and
real-world efficiency. ECD also pioneers other alternative
technologies, including a new type of nonvolatile digital memory
technology that is significantly faster, less expensive, and ideal
for use in a variety of applications including cell phones, digital
cameras and personal computers. For more information, please visit
http://www.ovonic.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 Energy
Conversion Devices (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: Energy Conversion Devices, Inc. CONTACT: Mark
Trinske, Vice President, Investor Relations and Corporate
Communications of Energy Conversion Devices, Inc., +1-248-299-6063,
Web site: http://www.ovonic.com/
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