Day4 Energy Provides Manufacturing Technology and Brand to Solar Modules Nederland BV
By Day4 Energy Inc., PRNEMonday, June 13, 2011
BURNABY, British Columbia, June 14, 2011 -
- Solar Modules Nederland Signs Agreement to Upgrade its
Manufacturing Facilities and Processes to Produce Solar Modules
Featuring Day4 DNA™: Stay-Powerful™, Work-Smart™ and Live-Long™
Technologies
Day4 Energy Inc., a leading global provider of solar
photovoltaic (PV) products and solutions, has signed an agreement
to provide Solar Modules Nederland (SMN), a leading high quality
solar module provider based in Kerkrade, Netherlands with the
equipment and technology to upgrade their 25MW production facility
for the manufacture of solar modules featuring Day4 DNA
Technologies.
The technology upgrade of SMN’s 25MW production facility to Day4
technology is scheduled to begin immediately, with production
anticipated to start in mid July 2011. Solar modules produced by
SMN will use the Day4 DNA PV cell - a unique design that forms part
of Day4 DNA technology which will be brought to market by licensed
cell manufacturing partners. Day4 DNA PV cells do not require
soldering, and based upon tests conducted by Day4 Energy, virtually
eliminates PV cell energy losses after module lamination. They also
enable the manufacturing of modules based on work-smart technology
which significantly reduces the effects of shading on module
performance.
Using proprietary equipment and technology from Day4 Energy, SMN
will quickly transition into manufacturing premium performance Day4
DNA solar modules with minimum capital investment. The upgrade
integrates Day4 Energy’s PV cell lay-up procedure, replacing the
need for soldering which is standard in most solar modules. All
other necessary equipment exists in SMN’s current solar module
manufacturing configuration.
“With production set to begin just four weeks after initiation
of the technology upgrade, SMN is well positioned to meet the
growing demand of customers throughout Europe and take full
advantage of the compelling product differentiation offered by Day4
DNA technology.” notes Mr. Jac Hanssen, CEO of SMN.
The Day4 DNA brand encompasses three proprietary technologies
that result in superior performance over standard modules:
stay-powerful Technology interconnects solar electric cells in
a unique way resulting in superior energy collection even in low
light conditions;
work-smart Technology ensures solar panels collect electricity
when partially shaded by nearby trees, buildings or debris,
generating more electricity in daily operations and over the
life-time of the product; and
live-long Technology enables superior performance in harsh
climates due to a watertight back-sheet with an aluminum layer that
protects against challenging weather conditions, moisture,
salt-mist and harmful gasses from greenhouses and farms that can
affect the amount of energy delivered by a solar PV
panel.
“We are committed to the success of our manufacturing partners”
says George Rubin, President of Day4 Energy Inc. “In addition to
equipment and technology, Day4 Energy provides training, sales and
marketing support, as well as market development assistance, to
ensure the continued growth of products featuring Day4 DNA.”
“Armed with the Day4 DNA, SMN is able to make full use of next
generation solar cell technologies - something that we believe is
difficult, if not impossible, to do with conventional PV module
manufacturing processes” observes Mr. Rubin.
“When you look at the technological advantages gained without
the significant capital investment associated with solar cell
soldering equipment, we believe SMN is positioned for growth with
well differentiated, market leading products. They will build
modules with better DNA -
Day4 DNA” concludes Mr. Rubin.
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animations on each technology, please visit
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About Day4 Energy
Headquartered in Vancouver, Canada, Day4 Energy is a leading global
provider of solar photovoltaic products and solutions. Active
in the areas of research & design, manufacturing, technology
licensing and all aspects of project management, Day4 Energy is
enabling the growth of solar energy throughout the world. Day4 is
listed on the Toronto Stock Exchange under the symbol “DFE”. For
more information, please visit
About Solar Modules Netherland
Solar Modules Netherlands is newly established in the field of
solar module production. Its employees have experience and a
proven track record in the manufacture and sale of solar modules.
Operations commenced in May 2010 with an annual capacity of 25
MW.
Forward Looking Statements
This news release contains forward-looking information. These
statements relate to future events or future performance and
reflect management’s current expectations and assumptions. A number
of factors could cause actual events, performance or results to
differ materially from the events, performance and results
discussed in the forward-looking statements. These forward-looking
statements are made as of the date hereof and the Company does not
assume any obligation to update or revise them to reflect new
events or circumstances.
%SEDAR: 00026066E
For further information:
Investor Relations Contact
Therese Hayes
Head, Corporate Development
Day4 Energy Inc.
+1(604)345-6771
Media and Public Relations Contact
Justin K Lacey
Director, Marketing
Day4 Energy Inc.
+1(604)296-0449
.
Tags: British columbia, Burnaby, canada, Day4 Energy Inc., June 14, Netherlands
