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Tuesday, 10/18/2011 5:24:55 PM

Tuesday, October 18, 2011 5:24:55 PM

Post# of 4834
Compensated Awareness Post View Disclaimer
Energy Conversion Devices (ENER) Subsidiary to Supply Solar Cells to GP Solar

United Solar is a wholly-owned subsidiary of Energy Conversion Devices Inc. (NASDAQ: ENER). The company has more than 25 years’ experience in the solar industry and is the world’s largest producer of flexible solar panels with a lightweight, durable product that provides more total energy production than any other solar panel on the market. It was been awarded nearly 70 US patents for its technology.

The company today announced a new customer relationship under their Open Solar initiative. The customer is GP Solar which is a GP Batteries company from Hong Kong. The initial order is for 600 kilowatts of UNI-SOLAR photovoltaic (PV) cells. United Solar initiated the Open Solar program to drive wide-scale acceptance of its technology, and the integration of its laminates and solar cells cost effectively into everyday applications.

GP Solar is deploying UNI-SOLAR PV technology with the introduction of its unique GP Solar Charger. The Charger combines UNI-SOLAR PV cells with GP Solar’s nickel-metal-hydride rechargeable batteries.

UNI-SOLAR’s unique, triple-junction, thin film cell architecture produces more real-world power than competitive products, differentiating products like the GP Solar Charger from the competition. Other United Solar products under the Open Solar program include building integrated PV roofing, solar-powered military shelters, and solar-powered consumer bags and chargers.

For more information about United Solar and its products, please visit either www.opensolar.com or www.energyconversiondevices.com

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