SCHOTT Solar Announces Multi Year Contract with DC Power Systems

Date: 11 September 2008
Source: SCHOTT Solar Inc.
SCHOTT Solar Inc. announced on September 08, 2008 that it has entered into a multi year supply contract with DC Power Systems to supply the company with over 13 MW of photovoltaic modules.

The contract is the first between DC Power Systems and SCHOTT Solar. DC Power Systems is the largest privately held distributor of renewable energy solutions in the U.S.

Through its network of more than 1,500 qualified dealers and installers, DC Power Systems provides photovoltaic systems to commercial, residential, and municipal applications throughout North and South America. “Entering into a supply contract with SCHOTT Solar is an important step for the growth of DC Power Systems,” said Daniel Marino, Executive Vice President for DC Power Systems. “SCHOTT Solar modules are well respected for their durability and efficiency. We’re proud to offer this option to our customers for their clean-energy needs.”

Modules contracted by DC Power Systems will be manufactured at SCHOTT Solar’s sites in Billerica, Mass. and the company’s Albuquerque, NM flagship facility, which is currently under construction. Modules produced in Albuquerque are scheduled to be available to the market beginning in the spring of 2009.

“Entering into a supply contract with DC Power Systems further demonstrates SCHOTT Solar’s goal of providing high quality modules to high quality partners,” said Mac Moore, Executive Vice President of Sales and Marketing for SCHOTT Solar. “Their experience and technical expertise ensures end customers receive PV solutions that meet their unique needs.”

About SCHOTT Solar

SCHOTT Solar’s high quality products exploit the virtually inexhaustible potential of the sun as a renewable source of energy. For this purpose SCHOTT Solar produces important components for photovoltaic applications and solar energy plants with parabolic trough technology. In the photovoltaic

industry, the company is one of the few integrated manufacturers of crystalline silicon wafers, cells and modules. Wafer production is mainly carried out through a WACKER SCHOTT Solar joint venture, which ensures the supply of silicon necessary for long-term growth. Thanks to over 20 years of experience in thin-film technology, SCHOTT Solar also regards itself as one of the industry’s cutting-edge companies. In receiver production for solar power plants with parabolic trough technology, SCHOTT Solar considers itself to be the market and technology leader. The receivers are key components in large-scale power plants that generate electricity from solar energy centrally on the basis of parabolic trough technology and can supply entire cities with power.

SCHOTT Solar has production facilities in Germany, the Czech Republic, the USA and Spain. SCHOTT Solar’s innovative power and technological expertise date back to the late 1950s. SCHOTT Solar AG is a wholly owned subsidiary of the international SCHOTT technology group. The SCHOTT develops special

materials, components and systems for the household appliance, pharmaceutical, solar energy, electronics, optical and automotive industries. With around 16,700 employees, the SCHOTT Group generated a worldwide turnover of about 2.1 billion euros in fiscal year 2006/2007.

About DC Power Systems

Headquartered in Healdsburg California, DC Power Systems is a leading distributor of renewable energy solutions, offering a comprehensive selection of renewable energy products to more than 1,500 dealers and installers throughout the Western hemisphere. DC Power's leading position in the marketplace is due to both the strength of its product line and the exceptional services provided to its customers, including system design, engineering, training, and project financing.

600450 SCHOTT Solar Announces Multi Year Contract with DC Power Systems

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