United Solar Ovonic, a subsidiary of Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER), has received two orders totaling over $5.8 million of photovoltaic (PV) products from Unimetal S.p.A to be delivered before September 2007. Unimetal, a supplier of sheet metal roofing materials based in Torre San Giorgio, Italy, will integrate the UNI-SOLAR® flexible solar products in its steel metal roofing products for distribution in Italy, France and Spain.
“With the new feed-in tariff recently approved in Italy, there is a preference for building integrated photovoltaic installations, which received the highest incentive levels. Our OEM agreement with Unimetal follows our overall strategic plan to expand our presence in emerging markets like Italy,” said Maarten van Cleef, Key Account Manager of United Solar Ovonic for Southern Europe.
“Unlike traditional crystalline technology, which typically uses heavy, glass panels, UNI-SOLAR® products are flexible, durable, lightweight, and easy to install. Because of these characteristics, UNI-SOLAR® products offer the ideal solution for building integration. Additionally, independent studies in Europe and elsewhere have shown that our triple-junction products deliver more energy per rated power than the conventional crystalline products,” said Salama Naguib, Vice President – Global Sales & Marketing of United Solar Ovonic.
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