UNI-SOLAR Laminates to Power World's Largest Rooftop Solar System for General Motors
Published In: Business, Michigan 
Tuesday, July 8, 2008 7:00 AM
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ROCHESTER HILLS, Mich., July 8 /PRNewswire-FirstCall/ -- Energy Conversion
Devices, Inc. (ECD) (Nasdaq: ENER), announced today that its UNI-SOLAR(R)
thin-film flexible solar laminates will power the world's largest rooftop
solar power system. The 12-megawatt system is being installed on GM's assembly
plant in Figueruelas, Zaragoza, Spain and will become operational in the fall
of 2008. ECD will supply the solar laminates through its wholly owned
subsidiary, United Solar Ovonic, LLC.

When fully operational, the photovoltaic system will have a peak capacity
of 12 megawatts, producing as much as 15 million kilowatt hours of "green"
energy annually, enough to power approximately 4,500 homes. The Zaragoza
facility marks the third major use of UNI-SOLAR laminates by GM. UNI-SOLAR
thin-film flexible solar laminates also power GM parts warehouses in Rancho
Cucamonga and Fontana, California, two of the largest rooftop solar power
installations in the United States.

"We are pleased that GM is again using United Solar as its solar provider,
and that our UNI-SOLAR laminates are the product of choice for the world's
largest rooftop solar system," said Mark Morelli, president and CEO of Energy
Conversion Devices. "Our UNI-SOLAR laminates are an ideal match for rooftop
systems like this one, and we are proud to be a part of this project."

"While there has been recent uncertainty about government incentives for
solar energy in Europe, and specifically in Spain, we have had great success
with our products throughout Europe, and this project expands our presence in
Spain where we see excellent growth opportunities for our UNI-SOLAR laminates,
especially in building integrated and commercial rooftop applications," added
Mr. Morelli.

GM partnered with Veolia Environnement, a world leader in environmental
services, Clairvoyant Energy S.L., the solar energy developer, and the
Government of Aragon to develop the Zaragoza renewable energy project. GM will
lease its roof space to Clairvoyant Energy and Veolia Environnement, who will
build, own and operate the rooftop solar installation.


About Energy Conversion Devices:

Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER) is the leader in
building integrated and commercial rooftop photovoltaics, one of the fastest
growing segments of the solar power industry. The company manufactures and
sells thin-film solar laminates that convert sunlight to energy using
proprietary technology. ECD's UNI-SOLAR(R) brand products are unique because
of their flexibility, light weight, ease of installation, durability, and
real-world efficiency. ECD also pioneers other alternative technologies,
including a new type of nonvolatile digital memory technology that is
significantly faster, less expensive, and ideal for use in a variety of
applications including cell phones, digital cameras and personal computers.
For more information, please visit www.ovonic.com .


This release may contain forward-looking statements within the meaning of
the Safe Harbor Provisions of the Private Securities Litigation Reform Act of
1995. Such forward-looking statements are based on assumptions which Energy
Conversion Devices (ECD), as of the date of this release, believes to be
reasonable and appropriate. ECD cautions, however, that the actual facts and
conditions that may exist in the future could vary materially from the assumed
facts and conditions upon which such forward-looking statements are based. The
risk factors identified in the ECD filings with the Securities and Exchange
Commission, including the company's most recent Annual Report on Form 10-K,
could impact any forward-looking statements contained in this release.


SOURCE Energy Conversion Devices, Inc.


 
Tuesday, July 8, 2008 7:00 AM

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