Solar Modules Nederland signs agreement to upgrade its manufacturing
facilities and processes to produce solar modules featuring Day4 DNA™:
stay-powerful™, work-smart™ and live-long™ Technologies
BURNABY, BC, June 14, 2011 /CNW/ - Day4 Energy Inc., a leading global
provider of solar photovoltaic (PV) products and solutions, has signed
an agreement to provide Solar Modules Nederland (SMN), a leading high
quality solar module provider based in Kerkrade, Netherlands with the
equipment and technology to upgrade their 25MW production facility for
the manufacture of solar modules featuring Day4 DNA Technologies.
The technology upgrade of SMN's 25MW production facility to Day4
technology is scheduled to begin immediately, with production
anticipated to start in mid July 2011. Solar modules produced by SMN
will use the Day4 DNA PV cell - a unique design that forms part of Day4
DNA technology which will be brought to market by licensed cell
manufacturing partners. Day4 DNA PV cells do not require soldering, and
based upon tests conducted by Day4 Energy, virtually eliminates PV cell
energy losses after module lamination. They also enable the
manufacturing of modules based on work-smart technology which
significantly reduces the effects of shading on module performance.
Using proprietary equipment and technology from Day4 Energy, SMN will
quickly transition into manufacturing premium performance Day4 DNA
solar modules with minimum capital investment. The upgrade integrates
Day4 Energy's PV cell lay-up procedure, replacing the need for
soldering which is standard in most solar modules. All other necessary
equipment exists in SMN's current solar module manufacturing
"With production set to begin just four weeks after initiation of the
technology upgrade, SMN is well positioned to meet the growing demand
of customers throughout Europe and take full advantage of the
compelling product differentiation offered by Day4 DNA technology."
notes Mr. Jac Hanssen, CEO of SMN.
The Day4 DNA brand encompasses three proprietary technologies that
result in superior performance over standard modules: stay-powerful Technology interconnects solar electric cells in a unique way resulting
in superior energy collection even in low light conditions; work-smart Technology ensures solar panels collect electricity when partially
shaded by nearby trees, buildings or debris, generating more
electricity in daily operations and over the life-time of the product;
and live-long Technology enables superior performance in harsh climates due to a
watertight back-sheet with an aluminum layer that protects against
challenging weather conditions, moisture, salt-mist and harmful gasses
from greenhouses and farms that can affect the amount of energy
delivered by a solar PV panel.
"We are committed to the success of our manufacturing partners" says
George Rubin, President of Day4 Energy Inc. "In addition to equipment
and technology, Day4 Energy provides training, sales and marketing
support, as well as market development assistance, to ensure the
continued growth of products featuring Day4 DNA."
"Armed with the Day4 DNA, SMN is able to make full use of next
generation solar cell technologies - something that we believe is
difficult, if not impossible, to do with conventional PV module
manufacturing processes" observes Mr. Rubin.
"When you look at the technological advantages gained without the
significant capital investment associated with solar cell soldering
equipment, we believe SMN is positioned for growth with well
differentiated, market leading products. They will build modules with
better DNA - Day4 DNA" concludes Mr. Rubin.
For more information on Day4 Energy and to view detailed animations on
each technology, please visit www.day4energy.com or join the conversation by following Day4 Energy on social media
applications such as Twitter, Facebook, LinkedIn and YouTube.
About Day4 Energy
Headquartered in Vancouver, Canada, Day4 Energy is a leading global
provider of solar photovoltaic products and solutions. Active in the
areas of research & design, manufacturing, technology licensing and all
aspects of project management, Day4 Energy is enabling the growth of
solar energy throughout the world. Day4 is listed on the Toronto Stock
Exchange under the symbol "DFE". For more information, please visit www.day4energy.com.
About Solar Modules Netherland
Solar Modules Netherlands is newly established in the field of solar
module production. Its employees have experience and a proven track
record in the manufacture and sale of solar modules. Operations
commenced in May 2010 with an annual capacity of 25 MW.
Forward Looking Statements
This news release contains forward-looking information. These statements
relate to future events or future performance and reflect management's
current expectations and assumptions. A number of factors could cause
actual events, performance or results to differ materially from the
events, performance and results discussed in the forward-looking
statements. These forward-looking statements are made as of the date
hereof and the Company does not assume any obligation to update or
revise them to reflect new events or circumstances.
SOURCE Day4 Energy Inc.
For further information:
Investor Relations Contact
Head, Corporate Development
Day4 Energy Inc.
Media and Public Relations Contact
Justin K Lacey
Day4 Energy Inc.