Flexible Thin-Film Solar Leader SoloPower Opens State-of-the-Art, High-Volume Manufacturing Facility in Portland, Oregon

- Portland Mayor Sam Adams, Distinguished Guests Celebrate Milestone in Plan to Make Rooftop Solar the Primary Energy Source for Commercial and Industrial Buildings Worldwide

News provided by
SoloPower
Sep. 28, 2012 10:35
PORTLAND, ORE.--(Korea Newswire)--SoloPower, the San Jose, California-based leader in high efficiency, lightweight, and flexible thin-film solar cells and modules, announced today the grand opening in Portland, Oregon of its high-volume manufacturing (HVM) facility. The event marked a significant milestone in the company's plan to make solar energy the primary source of power for commercial and industrial buildings worldwide, and in its ability to meet demand for its unique solutions. SoloPower was joined at the ceremony by Portland Mayor Sam Adams who toured the state-of-the-art manufacturing floor with local and state elected officials, company executives and customers.

“Oregon's manufacturers are playing a key role as we add jobs back to Oregon,” said Governor Kitzhaber. “With the opening today of this high-volume manufacturing facility, we mark a significant milestone for SoloPower and for advanced manufacturing in Oregon.”

“Portland congratulates SoloPower on the grand opening of its operations here, which are ultimately expected to employ 450 people. We have worked proactively and collaboratively to nurture the success of our local industry of which SoloPower is a growing part,” said Mayor Adams. “Portland benefits when we help maximize the global competitiveness of local businesses. SoloPower is creating living-wage jobs in a vital sector of our economy, a sector that is helping to establish Portland as one of the most sustainable economies in the world.”

SoloPower‘s lightweight, flexible SoloPanels and proprietary installation systems revolutionize the rooftop solar integration process, making solar energy easy and cost effective for nearly any commercial and industrial building. The company’s suite of solar solutions optimizes energy performance on a variety of roofs in a range of climates with diverse sun exposure conditions. Non-penetrating installation systems make it simple to remove and reinstall SoloPower‘s solutions, enabling installation on older roofs not yet due for a reroof and substantially expanding the market beyond new and reroof applications. Due to their very low profile on rooftops, SoloPower’s solutions provide an unparalleled ability to withstand wind, opening additional segments that could not utilize solar energy in the past, particularly in areas susceptible to storms, such as Japan.

“The opening of SoloPower‘s state-of-the-art HVM facility in Portland increases our capacity to meet the energy demands of the world’s commercial and industrial buildings, which consume 40% of global electricity,” said Tim Harris, CEO, SoloPower. “Both we and our customers are very excited: It's a huge market, our unique solutions expand that market, and now we have the ability to serve our customers who are looking for an easy-to-install, predictable, and cost-effective solution for their energy needs, no matter their continent.”

The first company to receive certification of flexible CIGS panels to both UL and IEC standards, SoloPower is a recognized pioneer in flexible, thin-film solar. The company now has 55 patents in its expanding intellectual property portfolio, which includes 45 patents in the United States and 10 patents internationally, with an additional 69 pending patent applications in the U.S., and 76 pending internationally. SoloPower‘s proprietary approach embodies critical technology, manufacturing, and cost advantages that enable large-scale “fab-style” production of high-efficiency CIGS-based photovoltaic cells. The cells are manufactured and converted into unique, flexible, lightweight solar modules at SoloPower’s San Jose and Portland facilities.

SoloPower's operations in Portland are ultimately expected to have a capacity of 400MW.

For more information, visit www.SoloPower.com.

About SoloPower

Headquartered in San Jose, California, SoloPower Inc. uses innovative, proprietary roll-to-roll electrodeposition manufacturing technology to produce low-cost, lightweight and flexible high efficiency copper, indium, gallium and (di)selenide (“CIGS”) based photovoltaic cells. The CIGS cells are then packaged into unique, flexible, lightweight solar modules. The modules require less balance-of-system hardware and are easier to install than traditional solar panels. SoloPower modules are certified to both UL and IEC standards. The company is opening its manufacturing headquarters and first high-volume manufacturing lines in Portland, Oregon. Lead investors in the company include Hudson Clean Energy Partners, Crosslink Capital, Convexa, and Firsthand. For more information on SoloPower, please visit www.SoloPower.com.

Website: http://www.SoloPower.com

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