Solar Thin Films, Inc. in Talks with Large European Renewable Energy Developer

Date: 11 January 2012
Total Output Anticipated to Exceed 100 Megawatts ($350 US Million)CEDARHURST, N.Y.--(EON: Enhanced Online News)--Solar Thin Films, Inc. (Pinksheets:SLTZ) (the "Company") today announced that the Company is in talks with a large European renewable energy developer on several solar energy projects in Europe.

The total output of such projects is anticipated to exceed 100 megawatts. There can be no assurance that any contracts will result from such talks, or that any contracts signed will have successful results.

Adiv Baruch, Chairman of the Board of the Cenergy Global Corp., a wholly-owned subsidiary of the Company, stated, "We are building a strong relationship with some of the leading players in the European market, who are experienced in developing profitable renewable energy projects. We are exposed to large size projects with unique economic parameters."

About Solar Thin Films, Inc.

Solar Thin Films, Inc. was formerly engaged in the manufacturing of solar module production equipment and turnkey amorphous silicon module factories. The Company has shifted its focus from turnkey facility production, to establishment, operation and management of solar farms domestically and internationally.

About Cenergy Global Corp.

Cenergy will seek to engage in the development and syndication of Solar Power projects. Forming Cenergy is the Company's latest step in shifting its focus to the establishment, operation and management of solar farms.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein.


Creative Media

Donald R. D'Avanzo Jr., 1-888-699-7268

600450 Solar Thin Films, Inc. in Talks with Large European Renewable Energy Developer
Date: 11 January 2012

See more news about:

Others also read

The Emirates Arena and Sir Chris Hoy Velodrome have just been completed, creating a new world class sporting landmark for Scotland.
Hawaii and Texas Top List of 20 States and D.C. Adding Construction Jobs Since November 2011 as Delaware and New York Trail; Vermont and Louisiana Led 19 States with One-Month Gain, D.
We sincerely thank all our members, friends and visitors for being part of GlassOnWeb and its success during 2012.
SAGE Electrochromics, Inc., a world leader in the development and manufacture of dynamic glass, located in Faribault, Minn., today announced it has filed a lawsuit in U.S.
The EBRD is providing loans worth €110 million to Turkish glass manufacturer Trakya Cam A.Ş. that will expand its product range at home and in Bulgaria and also establish a presence on the Russian market, setting new standards in energy efficiency.
The United States is honoring its role, to the best of its ability, as the world's locomotive, although despite the positive performance of the real estate market, America seems to be recovering slower than expected.

Add new comment