Astropower Gains Approval For Its Packaged Solar Electric Power Systems

SunUPS System Passes System Design Reviews NEWARK, DE ?OCTOBER 24, 2000 ?AstroPower, Inc. (NASDAQ: APWR) announced today that its packaged solar electric power SunUPS photovoltaic (PV) system is the first PV system with battery storage to be approved under the Florida Photovoltaic Buildings Program of the Florida Solar Energy Center (FSEC). As a result of the approval, utilities and other program partners can receive rebate funds from the State of Florida when installing the SunUPS system. AstroPower? SunUPS system is a standardized package featuring all necessary components for installation and seamless automatic solar power generation on homes and commercial buildings. Capable of generating up to 5 kW of back-up power during utility outages, this premium power system allows customers to experience uninterrupted power for an unlimited amount of time. The package includes mounting systems for all types of roofs, pre-wired and self-contained power electronics, system wiring and hardware, and a full step-by-step installation manual. The SunUPS system was approved after a System Design Review of the overall design and individual major components with respect to applicable codes and standards and the use of accepted industry design practices. “The objectives of these reviews are to ensure quality, safety and code compliance for system designs which, hopefully, ensures reliability and customer satisfaction with installations,” said Jim Dunlop, senior engineer at FSEC. The overall purpose of the program, he added, is to encourage the use of prepackaged systems rather than the purchase of individual components. “FSEC approval means a lot to us because of the organization? extremely high standards which factor in Florida’s harsh wind and salt air environment,” said AstroPower Director of North American Business, Howard Wenger. “FSEC approval also confirms what we’ve been hearing from our partners and installers. Our packaged premium power systems make installation easy and ensure customer satisfaction.” Requiring no fuel or maintenance, the system enables consumers to sell excess power generated by the solar panels back to the utility grid during periods of peak demand. Utilities and other program partners can also receive rebate funds from the State of Florida when installing AstroPower? SunLine system. Offering the same prepackaged components of the SunUPS system without the battery storage, the SunLine system has also been approved by FSEC. About AstroPower Headquartered in Newark, Delaware, AstroPower is the world? largest independent manufacturer of solar electric power products, and one of the world? fastest growing solar electric power companies. AstroPower develops, manufactures, markets and sells PV solar cells, modules, panels and systems for generating solar electric power. Solar electric power systems provide a clean, renewable source of electricity in both off-grid and on-grid applications. In Nov. 1999, AstroPower was selected by Industry Week magazine as one of the 25 most successful small manufacturers in the U.S. For more information, please visit www.AstroPower.com. This press release contains forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, as described in the Company? registration statement and periodic reports filed with the Securities and Exchange Commission. As a result, there can be no assurance that the Company? future results will not be materially different from those projected. The projections contained herein speak only of the Company? expectations as of the date of this press release. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company? expectations or any change in events, conditions or circumstances on which such statement is based. Contact Information: Michael Wright Director, Marketing Communications AstroPower, Inc. (302) 366-0400 Ext. 195

Previous articleGreen energy fund formed with high hopes
Next articleECD and United Solar Retain Former Solar Energy Industries’ Leader
Avatar

No posts to display