Solar Module Manufacturer Receives First Proprietary Equipment Shipment of
2008
BURNABY, British Columbia, Jan. 8 /PRNewswire-FirstCall/ -- Day4 Energy
Inc. (TSX: DFE), a leading manufacturer of high performance, cost-effective
solar electric modules, today announced the arrival of its first batch of
proprietary photovoltaic (PV) production machinery from German supplier
ACI-ecoTec. This equipment is a part of production line expansion that is
designed to more than triple Day4's current annual production capacity at the
company's Vancouver-area headquarters from 12 MW to 40 MW by the end of Q2
2008. With delivery of this equipment approximately two months before
scheduled deployment, Day4 is now well underway towards executing its stated
plans to expand manufacturing capacity in 2008.
"With customer and partner demand for Day4 solar modules already outpacing
our current manufacturing capacity, production expansion is a core element of
Day4's Q2 growth strategy. We have a solid plan that the management team is
committed to execute. Successful completion and delivery of this equipment
moves us forward toward achieving our objectives this year," said George
Rubin, president and COO of Day4 Energy.
The new equipment is designed to manufacture the highly efficient Day4 48
MC solar module based on the company's proprietary Day4 Electrode technology,
an innovative approach to module construction that directly replaces
decades-old soldering methods. The result is a high-quality Day4 solar
electric product with higher performance and lower cost.
"Initial test runs of the new equipment are providing very encouraging
results, which in turn positively impacts our ability to expedite delivery of
high-quality product to our expanding global customer base," said Benjamin
Duperthal, director of operations for Day4 Energy. "We are committed to
constant technical evaluation and development of our product offering, efforts
that we believe will benefit our customers and continue to place Day4 at the
leading edge of solar module quality and innovation."
About Day4 Energy:
Headquartered near Vancouver, British Columbia, Day4 Energy Inc. designs,
manufactures and sells photovoltaic (PV) modules based on its patented Day4
Electrode technology, a proprietary method of contacting and interconnecting
solar cells. The Day4 Electrode produces PV panels of high power density,
increased lifetime and uncompromised aesthetic appearance. The advanced solar
module construction method increases the performance of conventional silicon
panels and enables the next-generation of PV innovation. Day4 partners with
the industry's leading PV cell producers to deliver UL- and TUV-certified
commercial and residential solar products to customers throughout Europe and
North America. For more information, visit: http://www.day4energy.com
About ACI-ecoTec GmbH & Co. KG:
Based in St. Georgen in Germany's Black Forest, the Company is committed
to the principle of innovation for the benefit of its customers. ACI-ecoTec
develops and manufactures special purpose machinery to customer specific
projects for automated process and production systems for the electronics,
semiconductor, automotive, pharmaceutical and medical, and photovoltaic
industries. Systems are characterized as modular, standardized and
process-oriented. With a total of 60 Employees the company has a turn-over of
ca. 8 Million Euro.
SOURCE Day4 Energy Inc.
Rosalind Jackson of Antenna Group, +1-415-977-1923, rosalind@antennagroup.com,
for Day4 Energy Inc.
