October 29, 2009

Burnaby, BC, Canada: Day4 Energy to Deliver 2.4MW PV System

Day4 Energy has executed an agreement to deliver a turnkey 2.4 megawatt roof-mounted turnkey photovoltaic power plant for Gunther Heiss Solar Gmbh & Co. KG in Germany.

The project is being financed through a local Volksbank, backed up by Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main.

Day4 Energy will design, engineer and construct the PV power plant with one of its leading German based channel partners. Once completed, the plant is expected to include approximately 12,600 48MC Day4 modules.

Heiss Solar located in Emmingen is a German company focused on the business of tree nurseries. Heiss has developed a concept to cultivate special plants that prefer shading to sunlight for optimal growth and therefore require extensive roofs. The energy produced at this solar plant will be sold to the local grid provider under the German FIT Law (EEG).

"Heiss's choice of Day4 Energy is a testament to the unique value that we bring to the market through the combination of industry leading technology, performance driven system design and the uncontested installation expertise and quality delivered by our channel partners" said George Rubin, president of Day4 Energy. "We view the solar project market vertical as an increasingly important component of our business mix going forward, as developers look to capitalize on both the increased project returns offered by Day4's superior technology and the reduction in construction risk provided through our channel partner based project implementation solution."

Further details about: Day4Energy