DGAP-News: SoloPower's Second Generation Flexible Modules Certified to UL and IEC Standards, Marking World-Class Technological Achievement
(firmenpresse) - SoloPower
10.07.2012 09:01
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CEO and President&Chief Commercial Officer to Speak at Intersolar North
America, Where SoloPower Will Showcase Newly Certified SoloPanels(R) and
Pioneering Installation Solutions
SoloPower, the San Jose, California-based manufacturer of high efficiency,
lightweight, and flexible thin-film solar cells and modules, has received
certification of its next-generation SF1, SP1, and SP3L SoloPanels(r) to both
Underwriters Laboratories (UL) and the International Electrotechnical
Commission (IEC) standards, the company announced today.
'Certification to UL and IEC standards for our SoloPanels is a testament to the
outstanding work of our technology team, which has a proven track record of
industry firsts for flexible CIGS modules,' said Tim Harris, CEO, SoloPower.
'It represents another step towards our goal of making solar the main source of
energy for commercial and industrial buildings worldwide.'
SoloPower's remaining next generation module, the SP3S SoloPanel, has been
certified to UL standards, and the company anticipates certification to IEC
standards in the near term. The SF1 and SP1 SoloPanels are optimized for
twelve-inch and sixteen-inch standing-seam metal roof integration. The SP3L and
SP3S SoloPanels are optimized for commercial and industrial low-slope building
applications.
SoloPower's new suite of solar solutions feature three first-of-their-kind,
easy, non-penetrating installation kits: the SoloSaddle(tm), SoloEdge(tm), and the
SoloBridge(tm), which increase application versatility while maximizing module
performance across rooftops and geographies. The SoloSaddle easily integrates
the SP3S into membrane-based roofing systems, while a low-slope curve provides
self-cleaning and high performance in hot climates. The SoloEdge easily
integrates the SP3L into membrane based roofing systems. A five-degree slope
provides self-cleaning and high performance in cold climates. The SoloBridge
integrates the SP3L into metal roofing systems.
'Being certified to both UL and IEC standards is a significant milestone on the
road to full scale commercialization,' said Bruce Khouri, President&Chief
Commercial Officer and a building integrated photovoltaics (BIPV) pioneer. 'In
addition to bringing to the market world-class, high efficiency, flexible
modules, our first-of-their-kind rooftop installation kits are designed to
rapidly expand the versatility for commercial and industrial rooftop solar
applications. With BIPV as one of the fastest growing segments of the solar
industry, we are thrilled to be able to share our unique solutions at
Intersolar.'
SoloPower will showcase its next generation technology this week at Intersolar
North America in San Francisco, one of the largest solar exhibitions in the
world. Mr. Khouri will speak at Intersolar's 'Building Integrated Solutions -
Concepts and Applications' session on July 10. The session will explore the
meaning, history, and evolution of BIPV for rooftop applications. On July 12,
Mr. Harris will be featured as part of 'The Future of PV - A Market and
Technology Outlook&CEO Panel.'
The certifications come at an exciting time for SoloPower. In June, the company
announced an expansion of its senior leadership team to incorporate two
veterans of the solar energy space, appointing Paolo Pietrogrande, Chairman of
Element Power Solar, as a member of its Board of Directors and Bart Van Ouytsel
to lead sales in Europe, the Middle East, and Africa. SoloPower is also
preparing to open its state-of-the-art, high-volume manufacturing facility in
Portland, Oregon, which will begin commercial production later this year.
Operations in Portland are ultimately expected to have a capacity of 400MW and
employ 450 people.
SoloPower's proprietary approach embodies critical technology, manufacturing,
and cost advantages that enable large-scale 'fab-style' production of
high-efficiency CIGS-based photovoltaic cells. The CIGS cells are packaged into
unique, flexible, lightweight solar modules that require less balance-of-system
hardware and are easier to install than traditional solar panels.
For more information, visit www.SoloPower.com.
About SoloPower
Headquartered in San Jose, California, SoloPower Inc. uses innovative,
proprietary roll-to-roll electrodeposition manufacturing technology to produce
low-cost, lightweight and flexible high efficiency copper, indium, gallium and
(di)selenide ('CIGS') based photovoltaic cells. The CIGS cells are then
packaged into unique, flexible, lightweight solar modules. The modules require
less balance-of-system hardware and are easier to install than traditional
solar panels. SoloPower modules are certified to both UL and IEC standards. The
company is in the process of constructing its manufacturing headquarters and
first high-volume manufacturing lines in Portland, Oregon. Lead investors in
the company include Hudson Clean Energy Partners, Crosslink Capital, Convexa,
and Firsthand. For more information on SoloPower, please visit
www.solopower.com.
The SoloPower logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=13460
CONTACT: John Keaten
212.784.5701
jkeaten(at)groupgordon.com
News Source: NASDAQ OMX
10.07.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: SoloPower
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9902121287
WKN:
End of Announcement DGAP News-Service
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Datum: 10.07.2012 - 09:01 Uhr
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