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United Solar Ovonic Signs Supply Agreement with EDF Energies Nouvelles.

ENERGY RESOURCE-17 September 2007-United Solar Ovonic Signs Supply Agreement with EDF Energies Nouvelles(C)2007 JeraOne -

United Solar Ovonic, a wholly owned subsidiary of Energy Conversion Devices, has signed an 18-month agreement with EDF Energies Nouvelles for the supply of 12 MW of UNI-SOLAR thin-film photovoltaic (PV) laminates to be used for large-scale installations on industrial and commercial buildings.

The agreement includes an option to buy an additional 18 MW.

Headquartered in Paris, France, EDF EN will use the laminates to develop its photovoltaic business, especially in the building-integrated segment.

"This new agreement demonstrates the acceptance of our product in the European market. With the feed-in tariff recently approved in France, there is a preference for building-integrated photovoltaic installations. Our agreement with EDF EN follows our overall strategic plan to expand our presence in emerging markets like France," said Salama Naguib, vice president of global sales & marketing at United Solar Ovonic.

Paris Mouratoglou, chairman of the board of directors of EDF Energies Nouvelles, noted that the "lightweight and flexible UNI-SOLAR products are ideal for integration with the roofs of industrial and commercial buildings. We are pleased to work with United Solar Ovonic to expand our market reach."

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Publication:Energy Resource
Date:Sep 17, 2007
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