pv

EPV Solar seals 306 MW module sale deal

 

The New Jersey-based thin film manufacturer has reached an agreement with unlimited energy, a German developer with large experience in wind power, to sell a huge amount of amorphouse silicon modules for solar plants in Europe.

Shipments will start in the first quarter of 2008, and the first batch of modules will be used in the Senftenberg's plant, to be built during next year.

"We selected EPV SOLAR as our partner for these large installations due to the benefits of amorphous silicon technology, particularly its very competitive cost and excellent performance. We look forward to a long and prosperous relationship with EPV as we grow our energy business in Europe." said Mr. Dietmar Kaesch, Managing Director of unlimited energy.

"We are proud to announce EPV SOLAR's first multi-hundred megawatt contract," said Mr. Scott T. Massie, CEO of EPV SOLAR. "This contract, along with the substantial funding we closed in June and other imminent multi-hundred megawatt deals, will enable EPV to command a leadership position in the high growth solar module market. We are extremely pleased to be working closely with unlimited energy GmbH to accelerate our growth in Europe. (...) The environmental benefits of solar energy are critical to addressing the global warming challenge facing all of us. The electricity generated as a result of the deployment and use of the PV modules we will sell to unlimited energy will avoid the annual emission of nearly 400,000 metric tons of CO2 that would result if the electricity were generated by coal-fired power plants." he added.

2008 seems to be an extremely good year for EPV. In the last months the American firm has received the New Jersey Clean Energy Manufacturer of the Year Award and the Euromoney and Ernst & Young Global Renewable Energy Award.

For additional information:

www.epv.net

www.epvsolar.com

www.u-energy.de 

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