Energy Conversion Devices Announces 4.8-Megawatt Solar Project in Spain

Energy Conversion Devices, Inc. announced it has been selected by Recurrent Energy to deliver 4.8MWp of solar generating systems for eight separate building rooftops at ProLogis Park Sant Boi in Barcelona and ProLogis Park Alcala in Madrid, Spain. ECD will be supplying its UNI-SOLAR photovoltaic (PV) laminates and providing development resources through its Solar Integrated subsidiary.

The solar power systems will be owned by Recurrent Energy, a distributed power company and a leading provider of solar energy, and installed on rooftops leased by Recurrent Energy from ProLogis, a leading global provider of distribution facilities. Construction on the project is expected to start in October 2009.

ProLogis, a leading global provider of distribution facilities, currently has UNI-SOLAR systems installed on facilities in the U.S., Spain and France. “We are very pleased to continue our relationship with Uni-Solar and SIT through this project,” said Drew Torbin, director of global renewable energy for ProLogis. “We look forward to working with the company closely over the next several months as we bring this project on line.”

“This new agreement is the first example of the benefits of combining our leading UNI-SOLAR PV laminate product with the rooftop solar expertise of Solar Integrated. This project also demonstrates how we will work closely with Recurrent Energy and our key channel partners – in this case Soprema and its dedicated subsidiary Solardis – to provide innovative solutions that meet the needs of our customers and their roofs,” said Mark Morelli, president and chief executive officer for ECD.