NEWS

Suntech to Manufacture Modules for Lumeta's Line of Roof Integrated Solar Products

SOLAR ENERGY NEWS CENTER


September 26, 2007

San Francisco, CA, USA: Suntech to Manufacture Modules for Lumeta's Line of Roof Integrated Solar Products

Lumeta, a leading provider of roof integrated solar energy products, and Suntech America, the U.S. division of Suntech Power Holdings Corp., one of the world's leading manufacturers of photovoltaic cells and modules, today announced that they have signed a letter of intent to manufacture Lumeta's line of roof integrated photovoltaic products.

Under the terms of the alliance, Suntech will manufacture custom solar modules that meet the unique specifications of Lumeta's patent-pending line of roof integrated photovoltaics, including the landmark Solar S Tile and the recently-unveiled Power-Ply 380, Lumeta's newest fully adhered solar product for the low-slope rooftop market.

"The market for roof integrated solar power is poised for rapid growth, across the U.S. and around the world," said Timothy M. Davey, CEO of Lumeta. "Our new partnership with Suntech America validates the unique design attributes we've built into the Lumeta line of solar products and positions us to capture a sizable share of this market." Davey added, "Suntech is a world-class solar manufacturer and a perfect partner to help us launch the Lumeta line into new and existing markets for solar power."

Lumeta is a wholly owned subsidiary of DRI Companies, the parent company of one of the largest roofing contractors in the U.S., with major commercial and residential building customers. DRI management brings nearly three decades of roofing expertise to the solar industry; its team of solar engineers and roofing technicians has designed the Lumeta product line to integrate seamlessly with most conventional roof systems. DRI formally launched Lumeta and its first roof integrated solar product line, the Solar S-Tile, at the Pacific Coast Builders Conference in May 2007.

Suntech America will provide custom manufactured modules for Lumeta through its specialized building-integrated photovoltaics (BIPV) facility in Wuxi, China. Suntech Power began producing solar modules in 2002 with 10 megawatts of capacity and has grown rapidly to a projected 480 megawatts of production capacity by the end of this year. The company has recently begun a major hiring and expansion initiative in North America as well as Europe in order to better serve its customers in these regions.

"The Lumeta team's solid history and DRI Companies' strong presence in the California and western U.S. roofing markets is an attractive proposition for any solar manufacturing company," said Leonard May, Vice President of MSK BIPV Business Development for Suntech America. "Rooftops are where the action is today in the solar industry. Lumeta's designers have created a true, roof integrated solution for solar power -- backed by one of the best roofing companies in the business. Suntech America looks forward to working with Lumeta and expanding its penetration in the US market."

Lumeta will be showcasing its line of solar modules, including the PowerPly 380 and the Solar S Tile, at the Solar Power 2007 Conference in Long Beach, CA, Sept. 24-27. Find Lumeta in booth number 344. Suntech will display its full range of U.S. product offerings in Hall B, at booth number 364 of the Long Beach Convention and Entertainment Center.

Further details about: Suntech Power, Lumeta

 


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