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HelioVolt and Exeltech Announce R&D Collaboration for CIGS-Enabled Solar Energy Systems.


Texas Solar Pioneers Target Cost-Effective Module and BIPV BIPV Building-Integrated Photovoltaic (system)
BIPV Bit Interleaved Parity Violation
 Solar Energy solar energy, any form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun.  Products

AUSTIN & FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities.  -- HelioVolt Corporation and Exeltech today announced a joint development agreement to commercialize turnkey systems for cost-effective, reliable solar energy generation. The collaboration will draw on HelioVolt's proprietary FASST FASST Flexible Architecture for Subscriber Service Termination (Fujitsu)
FASST Flexible Architecture Standard System Technology
FASST Fault-Tolerant Architecture with Stable Storage Technology
[TM] technology for rapid CIGS CIGS Ceilings (general aviation weather)
CIGS Copper Indium Gallium Selenide
CIGS Chief of the Imperial General Staff (WWII British)
CIGS Centro de Instrução de Guerra na Selva
 thin-film production and Exeltech's core competencies in high performance AC power system design and manufacture. Development and manufacture of the planned solar energy systems will take place at company headquarters in both Austin and Fort Worth.

The companies intend to develop streamlined systems for both conventional solar module and building integrated photovoltaic The generation of voltage by a material that is exposed to light in the visible and invisible ranges. See photoelectric and photovoltaic cell.  (BIPV) products. Enabled by advances in material efficiencies, product design and system integration, the resulting grid interactive products will offer benefits in the form of high volume manufacturing, simple installation and easier monitoring and maintenance throughout the system's lifetime.

"The flexibility of the HelioVolt design lends it self perfectly to integration with Exeltech's newest generation of grid interactive products," said Kevin Parsons, vice president and director of marketing for Exeltech. "We feel the merging of these two very cost effective designs can make a photovoltaic product deployable on scale that will have a significant impact on the growing power Growing Power is an urban agriculture organization headquartered in Milwaukee, Wisconsin. It runs the last functional farm within the Milwaukee city limits and also organizes activities in Chicago.  needs of both residential and commercial customers and will reach a price parity with today's conventional generating methods."

"As HelioVolt's product development moves forward, this collaboration is perfectly in line with our strategy to partner with best of breed organizations that can speed thin film enabled product to market," said Dr. B.J. Stanbery, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and founder of HelioVolt. "Exeltech has earned an outstanding reputation as producer of one of the power industry's highest quality, most reliable inverters. We look forward to matching that systems-level expertise with HelioVolt's own proficiencies in rapid CIGS manufacture to deliver a simple, cost effective solar energy product."

About HelioVolt

HelioVolt Corporation was founded in 2001 in order to develop and market new technology for applying thin-film photovoltaic coatings to a variety of substrates including conventional construction materials. The company's proprietary FASST[TM] process, based on rapid semiconductor printing, was invented by HelioVolt founder Dr. Billy J. Stanbery, an eminent expert within the international PV community in the materials science materials science

Study of the properties of solid materials and how those properties are determined by the material's composition and structure, both macroscopic and microscopic.
 of CIGS and related compound semiconductors. FASST[TM] is a low-cost, flexible manufacturing process for CIGS synthesis and is protected by both eight issued US patents and by global patents pending. For additional information, visit www.heliovolt.com.

About Exeltech

Exeltech was founded in 1990 based on the philosophy that efficiencies in the manufacturing process through product design, coordinated with facility layout, were paramount to productivity and the key to a quality product. Our mission is to provide leadership electronics and superior customer service through the merging of innovative designs with advanced manufacturing technology.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Company overview
Date:Jan 31, 2007
Words:458
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