UNI-SOLAR PowerTilt(TM) Solar Roof System Featured on German DIY Retail Store
29 7월 2010 - 12:57AM
United Solar, a leading global manufacturer of building-integrated
and rooftop photovoltaics under its UNI-SOLAR® brand – and a wholly
owned subsidiary of Energy Conversion Devices (Nasdaq:ENER) –
announced that its innovative PowerTilt™ solar roof system was
recently installed at Hagebaumarkt, a German DIY retail franchise
located in Kleve. This project represents another example of United
Solar's penetration into the BAPV segment.
"We're committed to providing world-class solutions for the BAPV
market that are flexible, cost-effective and easy to install," said
Mark Morelli, President and CEO of United Solar's parent company,
Energy Conversion Devices. "Advanced technology solutions like
PowerTilt™ will help drive our growth in this exciting market
segment." As the lightest rack-mounted solar system currently
available in the marketplace, PowerTilt™ offers unique product
attributes, including a lightweight, durable structure, ease of
installation with no roof penetrations and lower levelized cost of
electricity (LCOE). In the case of Hagebaumarkt, UNI-SOLAR's
PowerTilt™ solar roof system was directly welded and secured to the
roof without penetrations to the roof deck.
About Energy Conversion Devices/United Solar
Energy Conversion Devices (ECD) (Nasdaq:ENER) 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. 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; and our customers' ability to access the capital
needed to finance the purchase of our product. 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.
Investor Relations Contact:
Michael E. Schostak
248-299-6063
investor.relations@energyconversiondevices.com
Lovio George Inc.
Media Contact:
Tom Lang
734-953-3500
tlang@loviogeorge.com
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