Energy Conversion Devices and Austin Energy to Build Austin's Largest Solar Rooftop on City Building
27 10월 2009 - 9:00PM
PR Newswire (US)
UNI-SOLAR Installation to Save 167,605 Kilowatt Hours of
Electricity Annually ROCHESTER HILLS, Mich., Oct. 27
/PRNewswire-FirstCall/ -- Energy Conversion Devices, Inc. (ECD)
(NASDAQ:ENER), a manufacturer of proprietary, thin-film amorphous
silicon-based photovoltaic (PV) laminates, announced today that its
UNI-SOLAR® laminates will be used to power a 136-kW solar
photovoltaic rooftop system at the Austin Water Utility's Glen Bell
Service Center in Austin, Texas. On September 24, the Austin City
Council granted approval for Austin Energy - the nation's 9th
largest community-owned electric utility - to build the city's
largest solar rooftop installation using lightweight and flexible
UNI-SOLAR laminates. Beginning November 1, approximately 1,000
laminates covering 23,250 square feet of roof space will be
installed on the Service Center. "The Glen Bell Service Center
recently replaced its worn roof with a new membrane roof. Our
peel-and-stick UNI-SOLAR laminates are the ideal choice for a
membrane rooftop solar solution since they can be quickly installed
and do not make any holes in the brand new roof," said Mark
Morelli, president and CEO of Energy Conversion Devices. When
complete, the 136-kW system will have a peak electrical output of
105 kW, with a capacity factor of about 18%. It is expected to
reduce the Service Center's peak demand by about 24 kW and save
167,605 kWh annually, or enough power to provide electricity to 17
average-sized homes in Austin for an entire year. About Austin
Energy Austin Energy is the nation's 9th largest community-owned
electric utility, serving around 400,000 customers and a population
of more than 900,000. Austin Energy powers the capital city of
Texas through a diverse generation mix. Its portfolio provides
nuclear, coal, natural gas, and renewable energy sources and
creates over 3,000 megawatts (MWs) of total generation. About
Energy Conversion Devices Energy Conversion Devices is a leader in
building integrated and rooftop photovoltaics. The company
manufactures, sells and installs thin-film solar laminates that
convert sunlight to energy using proprietary technology. ECD's
UNI-SOLAR® brand products are unique because of their flexibility,
light weight, ease of installation, durability, and real-world
efficiency. Through its Solar Integrated Technologies business, the
company also designs, manufactures and installs rooftop
photovoltaic systems which enable customers to transform unused
space on the rooftop into a value-generating asset. For more
information, please visit http://www.energyconversiondevices.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. Forward-looking statements include
statements concerning our plans, objectives, goals, strategies,
future events, future net sales or performance, capital
expenditures, financing needs, plans or intentions relating to
expansions, business trends and other information that is not
historical information. All forward-looking statements are based
upon information available to us on the date of this release and
are subject to risks, uncertainties and other factors, many of
which are outside of our control, that could cause actual results
to differ materially from the results discussed in the
forward-looking statements. Risks that could cause such results to
differ include: our ability to maintain our customer relationships;
the worldwide demand for electricity and the market for solar
energy; the supply and price of components and raw materials for
our products; and our customers' ability to access the capital
needed to finance the purchase of our products; and risks
associated with integrating Solar Integrated Technologies, Inc. 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 and most recent Quarterly Report on Form 10-Q,
could impact any forward-looking statements contained in this
release. DATASOURCE: Energy Conversion Devices, Inc. CONTACT: Mark
Trinske, Vice President, Investor Relations & Communications of
Energy Conversion Devices, Inc., +1-248-299-6063 Web Site:
http://www.energyconversiondevices.com/
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