BERNIN, France, October 11, 2012 /PRNewswire/ --
Soitec (Euronext), a world leader in generating and
manufacturing revolutionary semiconductor materials for the
electronics and energy industries, has completed delivery on a
total of 5 megawatts* (MW) of its Concentrix™
concentrating photovoltaic (CPV) systems to seven solar power
plants throughout Italy. This
latest sales news follows Soitec's announcement in June that it had
completed construction of a solar facility in the Catania province
in Sicily. These system deliveries
to multiple customers expand Soitec's solar system installations to
more than 10 MW worldwide.
"Our proven CPV technology provides the highest power-generating
efficiency, making it a perfect match for Italy's solar initiatives," said José Beriot,
vice president Solar Projects Development of Soitec's Solar Energy
division. "With Soitec's high-quality modules being very well
received in Italy and with our
office in Rome providing direct
customer support and developing new business opportunities, we are
building momentum in the growing Italian market for
renewable-energy solutions."
"We are committed to have a competitive offering in Italy and we are currently looking into
integrating more and more local content," Bériot added. "Soitec's
industrial manufacturing capacity and supply chain in Europe, with its fully automated solar-module
factory in Freiburg, Germany, has
proven to be a reliable and flexible infrastructure to ensure
competitiveness and security of supply in Europe."
Soitec's CPV technology combines the industry's highest
power-generating efficiency of up to 30 percent with low
installation and maintenance costs, making it the most
cost-efficient solution for high-volume power generation in regions
such as Italy with high direct
normal irradiation (DNI). Using high-performance optics,
high-efficiency cells and precise tracking to ensure maximum power
generation, Soitec's CPV systems deliver advantages not available
with any other solar technology approaches. Each CPV system
produces a high, constant power output curve to match peak-load
demands - a key performance need for power utilities. System
efficiency does not degrade with temperature, remains stable over
very long periods of time and provides environmental
sustainability.
* Of which 3.3 MWp are recognized as revenue in the company's
financial second quarter.
About Soitec
Soitec is an international manufacturing company, a world leader
in generating and manufacturing revolutionary semiconductor
materials at the frontier of the most exciting energy and
electronic challenges. Soitec's products include substrates for
microelectronics (most notably SOI: Silicon-on-Insulator) and
concentrator photovoltaic systems (CPV). The company's core
technologies are Smart Cut™, Smart Stacking™ and Concentrix™, as
well as expertise in epitaxy. Applications include consumer and
mobile electronics, microelectronics-driven IT, telecommunications,
automotive electronics, lighting products and large-scale solar
power plants. Soitec has manufacturing plants and R&D centers
in France, Singapore, Germany and the
United States. For more information, visit:
http://www.soitec.com.
International Media Contacts
(trade press)
Camille Darnaud-Dufour
+33(0)6-79-49-51-43
camille.darnaud-dufour@soitec.com
(business press)
Marylen Schmidt
+33(0)4-76-92-87-83
marylen.schmidt@soitec.com
Investor Relations
Olivier Brice
+33(0)4-76-92-93-80
olivier.brice@soitec.com
French Media Contact (trade & business)
Marie-Caroline Saro
H&B Communication
+33(0)1-58-18-32-44
mc.saro@habcommunication.fr
SOURCE Soitec