UNI-SOLAR Laminates Power 2.1 Megawatt Marcegaglia Casalmaggiore Photovoltaic Plant in Italy
01 4월 2010 - 1:08AM
Energy Conversion Devices, Inc. (ECD) (Nasdaq:ENER) today announced
that its UNI-SOLAR® brand light weight thin film photovoltaic
laminates were used on the new Marcegaglia Casalmaggiore
photovoltaic (PV) power station. This is one of the largest rooftop
solar installations in Italy and has a capacity of 2.1 megawatts,
enough energy to power 800 houses with a savings of 1113 tons on
CO2 annually.
Mark Morelli, ECD's president and CEO, said, "We were pleased to
work with Marcegaglia on this large-scale project and the Brollo
Solar product was an excellent fit for the low-pitch industrial
rooftop. It integrates UNI-SOLAR laminates into Marcegaglia's
corrugated insulated panel and provides the functionality of an
insulated roof with a fully integrated solar solution that is
installed in one simple step, saving both time and money and
providing an excellent cost/revenue ratio for the system
owner."
About the Marcegaglia Group
The core business of the Marcegaglia Group, wholly owned by the
family of the same name, is steel processing. With 6,500 employees
and 50 manufacturing plants in Italy, Europe, the Americas and
Asia, it operates in markets around the world. As part of its
diversified activities, Marcegaglia Energy is the business unit
devoted to generating electricity from renewable resources. It has
been operating since 1995 in power generation from biomass and
refuse- derived fuel (Euro Energy Group). In 2006 it introduced
photovoltaic technologies: with Arendi in the area of thin-film on
glass substrates and with Marcegaglia Buildtech for flexible
thin-film systems.
About Energy Conversion Devices
Energy Conversion Devices, Inc. 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®
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
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 successfully integrate the
acquisition of Solar Integrated Technologies; 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. 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.
CONTACT: Energy Conversion Devices, Inc.
United Solar Ovonic
Mark Trinske, Vice President, Investor Relations &
Communications
(248) 299-6063
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