Energy Conversion Devices Announces 3.0 Megawatts of Uni-Solar BIPV Installations on Lidl Logistics Centers in France
13 4월 2010 - 9:00PM
Energy Conversion Devices, Inc. (ECD) (Nasdaq:ENER) today announced
that its United Solar Ovonic subsidiary was selected to install
flexible light weight UNI-SOLAR® brand solar photovoltaic laminates
on mutiple logistics buildings operated by Lidl, a European
discount supermarket chain that operates more than 8,000 stores.
Specific terms of the multi-rooftop project were not disclosed.
For the first phase of the project, a total of 3.0MW of UNI-SOLAR
laminates were installed on Lidl logistics centers in Cambrai,
Vars, and Les Arcs in France.
Mark Morelli, ECD's president and CEO, said, "These
installations for Lidl are another example of the unique and
differentiated solution that UNI-SOLAR offers to our customers, and
how our evolving business model continues to gain traction. Lidl
was seeking a building-integrated solar solution that was light
weight, and did not penetrate the roofing membrane. To meet
these demands, Derbigum integrated our UNI-SOLAR laminates into a
lightweight, durable and waterproof BIPV roofing membrane called
DERBISOLAR®. Through our close partnership with Derbigum, we
created and installed the right solution for Lidl."
Derbigum chooses to use UNI-SOLAR laminates in its BIPV solar
roofing products because they are light, flexible, require no
perforation to the roofing membrane, have excellent performance in
diffuse light, and are highly damage resistant since the solar
cells are encapsulated inside a polymer laminate rather than being
concealed beneath glass.
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. 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. In
addition, ECD's Ovonic Materials Division is the pioneer in NiMH
battery technology, and is developing low cost fuel cells, hydrogen
production from bioreformation, and hydrogen storage technologies.
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 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; 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.
CONTACT: ECD / United Solar Ovonic
Investor Relations & Communications
Mark Trinske, Vice President
(248) 299-6063
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