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Energy Conversion Devices, Inc. (ENER) Products Used to Power One of the Largest Residential Solar Installations in the World

United Solar, a wholly owned subsidiary of Energy Conversion Devices, Inc. and leading global manufacturer of UNI-SOLAR(R) light-weight, flexible thin-film solar modules, announced before the opening bell today that its UNI-SOLAR brand photovoltaics have been used for one of the largest known residential solar installations in the world. Investors cheered this news as reflected by the 11.11% gain in share price and 1.1+ million volume.

Installed in Chatsworth, California at the residence of Mr. Carl Harberger, a well-regarded sustainable building designer, the solar panels will power lighting, electronics and heating and air conditioning systems. United Solar provided 259 UNI-SOLAR brand flexible, lightweight photovoltaic modules for the 24 kilowatt (kW) solar installation. California-based solar installation company ADR Solar Solutions, Inc. completed the project.

“ADR Solar Solutions, Inc. have designed and installed commercial and residential solar systems for the last seventeen years. We are thrilled to have added to our achievements the UNI-SOLAR installation in Chatsworth, Ca, making it one of the world’s largest residential installations,” stated Ms. Nancy Palmer, ADR’s Manager of Sales and Marketing. “UNI-SOLAR was the only application considered for this installation and is not only working as anticipated, but is a beautiful addition to the design of this state of the art home. ADR Solar Solutions, Inc. will use UNI-SOLAR on many upcoming projects with confidence and look forward to a rock solid relationship.”

According to today’s press release, Mr. Harberger chose UNI-SOLAR panels because of the many unique features of the product. Flexibility was noted specifically as it allowed a perfect fit on the curved rooftop surface. Mr. Harberger took advantage of the rebates offered by the Los Angeles Department of Water & Power as well as U.S. federal tax credits.

“United Solar is proud to be chosen for this opportunity, providing enough solar energy to power Mr. Harberger’s nearly 6,000 square foot home. This is a perfect example of how UNI-SOLAR lightweight solar laminates can be integrated directly into a residence for a cost-saving and renewable energy solution,” said Steve Szamocki, Senior Vice President of Sales-Americas of United Solar.

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