Scheuten Solar Wins Frost & Sullivan Award

By Frost Sullivan, PRNE
Monday, May 31, 2010

Frost & Sullivan Recognizes Scheuten Solar For Its Consistent Innovation That Has Helped Make It a Leader in the Global Solar PV Modules Market

LONDON, June 1, 2010 - Based on its recent research on the global solar photovoltaic (PV)
modules market, Frost & Sullivan presents Scheuten Solar (Scheuten) with the
"2009 Global Frost & Sullivan Industry Innovation and Advancement of the Year
Award" in recognition of its ability to focus on a rapidly developing market,
understand the needs of the customers and provide solutions that blend
innovative developments, years of experience, and above-average quality and
service.

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Scheuten has an unprecedented capability to learn about its customers'
requirements and then find the most reliable method for developing and
producing the product. These products are manufactured with the latest
Scheuten-designed solar technology, leveraging on the expertise of the
company's research and development (R&D) department. The company is
constantly on the lookout for new solar energy and glass developments and
collaborates with highly regarded universities and research institutes such
as TNO, KEMA and Energy research Centre of the Netherlands (ECN).

In fact, Scheuten's R&D team launched a pilot project, the
Sunrise-project, in 2007 aimed at manufacturing revolutionary thin-film solar
cells, which do not use silicon. Its use on large surface areas, flexible
dimensions, and general synergy with existing wafer technology is a huge
advantage for the company, which will enable the thin-film solar cells to be
produced on a large scale.

Scheuten's growth is also supported by its comprehensive in-house project
development and project realisation departments that ensure a higher level of
service at every stage of the project, ranging from planning and developing
solar projects with local partners in international markets to support and
servicing. The essential feedback from the customers is then transmitted to
the R&D department, thereby allowing them to continually upgrade the
company's products and services. Simultaneously, Scheuten is continuously
strengthening its brand name through its powerful sales organizations that
consist of distributors and retailers or its own sales offices, which are
spread across Europe, and the United States. The company is one of the most
consistent suppliers, renowned for on-time delivery.

Through its meticulous product checks and operational tests, Scheuten
offers quality products and services to its customers, as confirmed by a
complete range of certifications like ISO 9001-certification, TUV, UL and
f.e. MCS. This results in a high degree of quality in the complete production
cycle.

"Prestigious building-integrated projects - the Nippon Industrial College
in Tokyo, the Hauptbahnhof Berlin Central Station, which is the largest
railway station in Europe at present, and the major turnkey solar power
plants in Spain, Italy, and Greece - combined with an efficient network of
sales staff across the global markets and years of knowledge from its solar
divisions make Scheuten a reliable partner in this rapidly-upcoming market,"
says Frost & Sullivan Research Analyst Suchismita Das. "The company's
products combine robust features with aesthetic design, durability,
flexibility, and return on investment, thus helping it effectively maintain
the leading position in the market."

Scheuten's brand labels, Multisol(R) and Optisol(R), are highly
recognized in the PV market. The Multisol(R) modules are high-performance
standard solar modules. Their low weight and well-built design make them
suitable for all types of grid-connected PV systems, where flexible mounting
and a high energy yield are required. This versatile set is also supplemented
by additional features such as a robust aluminium frame and patented junction
box. Manufactured in Europe's most advanced module production lines, the
Multisol(R) modules guarantee the best quality brand available in the market.

Optisol(R) integrated glass-glass or glass-tedlar solar modules combine
profitable, environment-friendly energy production with an aesthetically
attractive design. These modules are ideal for use on building facades and
roofs, where utility is paired with aesthetic design. Scheuten's
environmental management boasts the certification of DIN ISO 14001. The
Optisol(R) is entirely custom-made, which provides customers the freedom to
select the required design. Moreover, with the benefit of easy integration in
the existing glass facades, the Optisol(R) also provides cost efficiency to
the customers.

In 2008, Scheuten's annual turnover of 467 million euros positioned it
among the three largest independent European glass companies. The company
continued its strong growth in 2009, expanding its product portfolio,
increasing its international reach and strengthening its position as a market
leader in the solar PV modules market. Furthermore, by signing a joint
venture agreement with leading Taiwanese disc and OLED manufacturer, RITEK
Corporation, the company is expected to start manufacturing CIGS thin film
solar cells, with an initial capital of NT$600 million, which is likely to
contribute significantly to the company's growth in thin-film PV industry.

"Apart from having a keen pulse on the consumer needs, the company has
developed a significant technological innovation capability and strong R&D
expertise that have been successful in advancing the state of the industry
forward," notes Suchismita Das. "These factors make Scheuten the worthy
recipient of the 2009 Frost & Sullivan Industry Innovation and Advancement of
the Year Award in the global solar PV modules market."

Each year, Frost & Sullivan presents this award to a company that has
proven to be a leader in the industry and that, through its pioneering
technology, sound business strategy, and research efforts, has been
successful in moving the state of the industry forward. Its excellence in the
field has extended beyond its technical advancements and encompasses a
comprehensive view of market participants resulting in an ongoing improvement
in the industry over time. The award recognizes the company for its broader,
more comprehensive participation in the industry and for its contributions to
the advancement of the market.

Frost & Sullivan Best Practices Awards recognize companies in a variety
of regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research in order to identify
best practices in the industry.

About Scheuten Solar

Since the foundation of its research division in 1999, Scheuten has been
using the latest technology in developing revolutionary products for the
international PV market. Currently, due to its technological, planning and
production expertise, the company is considered as one of the leading
companies that offer manufacturing, designing, and selling products such as
PV solar modules and wide array of PV solar solutions in the global market. A
huge number of high-profile projects have been implemented since 2003, which
has enabled the company to establish itself as a major participant in the
international solar market. Similar success has been attained by the company
as a PV system integrator and distribution partner as well as for the design,
development, and realization of turnkey PV systems throughout the world with
both standard as well as glass-glass modules building integrated photovoltaic
(BIPV) solutions.

Scheuten is also gaining recognition through its participation in fairs
and exhibitions in the PV domain for the advancement of its new PV products.
On the basis of its past track record, Scheuten Solar is expected to continue
succeeding in this market in the future as one of the premium product
suppliers for the global solar PV modules market.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best-practice models to
drive the generation, evaluation, and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from 40 offices on six continents. To join our Growth Partnership,
please visit www.awards.frost.com.

    Contact:
    Catherine Brassell
    Best Practices
    Tel: +44-207-915-7867
    Email: Catherine.Brassell@frost.com

Catherine Brassell, Best Practices, Frost & Sullivan, +44-207-915-7867, Catherine.Brassell at frost.com

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