United Solar Ovonic Signs Three-Year Agreement With Advanced Green Technologies for $108 Million of Photovoltaic Products
Agreement to expand sale of UNI-SOLAR(R) products
Auburn Hills, Mich., July 24, 2007
Source: yahoo business news
http://biz.yahoo.com/prnews/070724/cltu055.html?.v=101
United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (Nasdaq: ENER – News), announced today that it has signed a three-year distributor agreement with Advanced Green Technologies, Inc. for $108 Million of Photovoltaic (PV) products. A unit of Advanced Roofing, Inc., Advanced Green Technologies is offering sustainable building integrated solutions and renewable energy products for commercial and residential roofing applications using UNI-SOLAR® products. California and 12 other states have recently embraced energy efficiency initiatives and renewable energy policies in efforts to reduce greenhouse gas emissions.
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