Solar

Uni-Solar forms Strategic Alliance

Uni-Solar Ovonic, entered into an agreement with Solar Integrated Technologies (SIT) of Los Angeles to expand their strategic alliance formed in January 2003. Under the terms of the agreement, SIT has certain exclusive rights to use Uni-Solar’s flexible solar electric laminates for integration with single-ply roofing membranes for commercial, institutional and industrial buildings in North America. Additionally, SIT is expected to purchase more than 5 MW of Uni-Solar PV products in 2004.

Los Angeles, California – April 26, 2004 [SolarAccess.com] The companies hope to capitalize on the fit between their combined company strengths. “Forging effective relationships is the foundation of our business,” said Ed Stevenson, CEO of SIT. “The partnership between United Solar Ovonic and Solar Integrated Technologies is the ideal way for two companies with expertise in their respective fields to join forces to offer their one-of-a-kind alternative energy solution.” SIT, combining single-ply roofing membrane with the Uni-Solar flexible laminates, has completed several major solar roofing projects. In January 2004, SIT completed its first fully integrated solar electric roofing system at the 67,000 square foot Frito-Lay distribution center in Torrance, CA. Another Frito-Lay project in Sylmar, CA. for 100 kW of PV integrated with the roof was completed in the fall of 2003. With the success of these projects, SIT announced that it received additional follow-up orders to install three other 100 kW PV integrated roof systems for Frito-Lay. Other showcase installations are the 329 kW solar electric system for the Coca-Cola Bottling Company of Southern California and the first phase of up to a 5 MW PV installation for San Diego City schools. “Many progressive companies are seeing solar roofing systems as an enormous opportunity to save thousands of dollars while generating clean renewable energy. We are very pleased with the expansion of our relationship with SIT and see our collaborative efforts as an important means to continue expanding the markets for our technologies,” said Stanford R. Ovshinsky, Chairman and CEO of Uni-Solar Ovonic and President and Chief Technology Officer of ECD Ovonics.