United States Secretary of Commerce to Visit United Solar Ovonic's Manufacturing Facility In Tianjin, China
22 5월 2010 - 11:00AM
United Solar Ovonic today announced that the company is honored to
host the United States Secretary of Commerce, the Honorable Gary
Locke, at the company's Joint Venture facility in Tianjin, China.
The JV entity, United Solar Ovonic Jinneng Ltd.
(USOJN), operates a state-of-the-art solar manufacturing facility
in the Hua Yuan Hi Tech Industrial Park in Tianjin. The facility
manufactures thin-film solar laminates that convert sunlight to
energy, and has 15 MW of nameplate capacity with enough space to
expand to 60 MW. USOJN is well placed to take advantage of the
growing demand for renewable energy in China as reflected in the
country's aggressive goals for increased renewable energy.
"We are honored that Secretary Locke will visit our facility as
part of the Obama Administration's first cabinet level trade
mission," said Mark Morelli CEO of Energy Conversion Devices, Inc.
(Nasdaq:ENER), United Solar's parent company. "Support from
Secretary Locke and the Department of Commerce has been
instrumental in introducing our products and technology in
China."
"Having visited United Solar's Michigan manufacturing
facilities, I know that they are on the cutting edge of clean
energy technology," Secretary Locke said. "This joint venture is a
combination of U.S. and Chinese ingenuity that uses new
technologies, creates jobs in both countries, and reduces our
carbon footprint."
During Secretary Locke's visit, United Solar Ovonic entered into
an agreement with NYKE Solar Integrators, a Chinese solar
integrator, for the sale of 500 KW of UNI-SOLAR® PV laminates for
installation on NYKE's Solar Technology Demonstration Center and
manufacturing facility as a demonstration project. The project is
scheduled for completion in mid-July, 2010. Upon the successful
completion of the demonstration project, the companies expect to
work together on additional projects.
United Solar's unique lightweight, flexible laminates offer
excellent low light sensitivity and superior kWh/kWp production,
and are very well suited to the Chinese market. USOJN will import
solar cells from United Solar's sister plants in Michigan and
assemble them into 5.2 meter long 144 kWp flexible solar laminates
at the Tianjin facility. The facility's 15 MW output will fill the
needs of the Chinese market only; no products will be exported. At
full capacity, the facility will produce enough solar power
annually to eliminate 19,320 metric tons of carbon equivalent
emissions in China while creating green jobs in Michigan and
Tianjin. This is truly a win-win situation for both the US and
China.
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 an ideal building-integrated photovoltaic
roofing systems for residential, commercial and industrial
customers.
ECD holds the basic patents covering the continuous roll-to-roll
manufacturing of thin-film amorphous-silicon alloy multi-junction
solar cells and related products. More info is available at
www.uni-solar.com.
This release contains 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 achieve sustainable profitability;
our ability to maintain our customer relationships; our ability to
expand our manufacturing capacity in a timely and cost-effective
manner; the worldwide demand for electricity and the market for
solar energy; the supply and price of components and raw materials
for our products; and the resolution of pending legal disputes. 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
Media Contact:
Mark Trinske, Vice President Investor Relations and
Communications
+001-248-299-6063
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