Solar Integrated wins three spanish Orders for US$1.7 million
Brings Total 2007 Orders for Unibail-Rodamco Shopping Centers to Four
London, UK, and Los Angeles, California, August 15, 2007
Source: Solar Integrated Technologies, Inc. press release
http://www.solarintegrated.com/SIT_PR_Master_Renovables_Rodamco_August%2015_2007_FINAL.htm
Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won three new orders from Master Renovables, a Spanish engineering firm and solar integrator, aggregating $1.7 million. Two of these orders are for BIPV roofing systems to be installed at two shopping centers owned by Unibail-Rodamco, the largest owner-manager of retail properties in Europe. These projects will be installed at Unibail-Rodamco’s Barnasud Shopping Center in Barcelona and Vallsur Shopping Center in Valladolid. All three projects are expected to be completed in 2007.
“Our BIPV roofing systems will now be installed on four of Unibail-Rodamco’s premier shopping centers in Spain,” stated R. Randall MacEwen, President & CEO of Solar Integrated. “This is an excellent validation of our strategy to develop repeat business for customers with large portfolios of buildings in our key vertical and geographic markets.”
Mr. MacEwen continued: “Our investments in staff, product development and certification, infrastructure, marketing, brand development and channel partner development are bearing fruit in the European solar markets of Germany, Spain, France, Italy, Belgium and Greece. Our European order intake so far in 2007 has exceeded our expectations.”
Jordi Giró, Managing Director of Master Renovables stated: “We continue to be very excited with the market interest in Solar Integrated’s BIPV roofing system. Their integrated solar roofing system meets the cutomer’s energy, environment and roofing needs. This means that we are able to present a unique and value-add proposition as compared to selling after-market solar modules that do not address the customer’s roofing requirements.”
Bart Van Ouytsel, Vice President, European Sales and Marketing, commented: “Master Renovables has proven to be a highly effective channel partner for our BIPV roofing systems in the Spanish market. With these three new projects, to date we have received orders from Master Renovables for a total of 7 projects representing in excess of 700 kW.”
About Solar Integrated:
Solar Integrated Technologies, Inc. (SIT: AIM.LN) is a Los Angeles-based company that manufactures, designs and installs building integrated photovoltaic (BIPV) roofing systems for non-residential, low-slope rooftops. We are a leader in the development of an innovative and proprietary BIPV roofing system that combines flexible thin-film solar modules with a single-ply roofing membrane for large-scale commercial and industrial applications. Our BIPV roofing system enables our customers to transform a traditional rooftop into a value-generating asset. Our customers include Coca-Cola Enterprises, Frito-Lay, Honeywell, ProLogis, San Diego Unified School District, Tesco, Toyota, U.S. Air Force, U.S. GSA, U.S. Navy, Wal-Mart and Westfield.