|
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
|