Growing With the Sun

Best Solar Technologies to Support India's Increasing Energy Demand

NUREMBERG, Germany and NEW DELHI, October 6, 2010 - For its rapidly growing economic development India needs stable energy
supply. Thus it is also looking closely at the technologies of the future,
such as solar power. FLABEG, the internationally acclaimed leading solar
expert, has an excellent proven track record in manufacturing first-class
solar mirrors.

(Photo:
www.newscom.com/cgi-bin/prnh/20101006/412912 )

India has ambitious plans: 20% renewable energies by 2020. The state
budget for 2010/11 has provision for approx. US$ 1 billion for clean
technologies. Furthermore, a new "National Clean Energy Fund" is being set up
to finance projects and research. It is also India's target to reduce CO2
emissions by 20-25% relative to economic performance by 2020. Especially for
India the greenhouse effect could have dramatic consequences, since according
to various experts it will be affected more than average.

India has decided to exploit its high potential for solar energy with its
Government's "Solar Mission" program. The Ministry for New and Renewable
Energy (MNRE) estimates the cost at approx. US$ 20 billion over the next 30
years.

Concentrating solar power (CSP) plants, especially parabolic trough
technology, maximize solar power production. The technology works by using
large mirrors to reflect the sun onto a fluid that is turned into steam and
runs a steam turbine, producing electricity. The mirrors have to reflect the
sunbeams as accurately as possible. Only 1% difference in optical performance
can result in million dollar losses over a 20-year operating period of a 50
MW solar power plant. The performance of the mirrors depends on two factors:
reflectivity and bending. With a 30-year proven track record, German-based
manufacturer FLABEG is the world's leading supplier for high precision, high
quality reflectors for CSP applications and guarantees highest reflectivity
and long-term stability for best performance and highest value. Now FLABEG is
entering the Indian market for the first time with its presentation at the
DIREC trade fair (27th-29th Oct, New Delhi).

India needs stable energy supply: In view of its continuing economic
growth, it is estimated that by 2017 the annual energy requirement will have
jumped to 330 GW from the current 160 GW. Stable energy supply can only be
guaranteed by means of maintaining operating reserves. CSP plants provide
this security since they generate power by day and night.

India is a challenging market for advanced technologies. With its rapidly
expanding economy a growing proportion of its energy requirements can be met
by the ever-present sunshine.

FLABEG, founded in 1882, is an independent company with ten manufacturing
facilities in Europe, America and Asia. FLABEG is active in the commercial
sectors of automotive mirrors, solar glass mirrors and technical glass,
specializing in all processes of glass finishing, and sets technological
standard in terms of the company's core competencies - bending and coating.

    FLABEG Holding GmbH

    Ms Kerstin Kötter
    Head of Marketing & Communication
    Waldaustr. 13
    D-90441 Nuremberg
    Ph: +49-911-96456-248
    Kerstin.Koetter@flabeg.com
    www.flabeg.com

Photo:
www.newscom.com/cgi-bin/prnh/20101006/412912

FLABEG Holding GmbH: Ms Kerstin Kötter, Head of Marketing & Communication, Waldaustr. 13, D-90441 Nuremberg, Ph: +49-911-96456-248, Kerstin.Koetter at flabeg.com