United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (Nasdaq: ENER), announced today that it will supply Sun Edison LLC with up to 17 MW of its UNI-SOLAR solar laminates in 2008.
Under the terms of the agreement, SunEdison will purchase a minimum of 5 MW and up to an additional 12 MW of UNI-SOLAR laminates for use on large-scale rooftop installations on industrial and commercial buildings.
"The flexibility and lightweight characteristics of United Solar’s laminates enable SunEdison to supply solar services to a broader range of customers, especially to deploy solar on rooftops which often cannot support a heavier load," said Thomas (Tom) Rainwater, CEO of SunEdison.
United Solar Ovon says its UNI-SOLAR laminates are three to five times lighter than conventional solar modules (which use glass), offering an ideal solution for low-load bearing roof applications.
The company says UNI-SOLAR laminates can be installed without any structural changes or penetrations to the roof, and provide superior wind and seismic load performance compared with conventional solar modules.
About United Solar Ovonic
United Solar Ovonic, building on technology invented and pioneered by ECD, is a leader in thin-film amorphous photovoltaics. Because of characteristics unique to the United Solar Ovonic solar cell technology, such as lightweight, ruggedness and flexibility, it is ideal as building-integrated photovoltaic roofing systems. ECD and United Solar Ovonic hold the basic patents covering the continuous roll-to-roll manufacturing of thin-film amorphous-silicon alloy multi-junction solar cells and related products.
About SunEdison
SunEdison LLC is North America’s largest solar energy service provider. SunEdison provides solar-generated energy at or below current retail utility rates to a broad and diverse client base of commercial, municipal and utility customers. The company headquarters is located in Baltimore, Md. For more information about SunEdison, please visit www.sunedison.com
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