BURNABY, BC, Jan. 18 /PRNewswire-FirstCall/ -- Day4 Energy Inc. (TSX: DFE), a leading supplier of high performance, cost-effective solar electric solutions, today announced it has completed the delivery of a turn-key 2.4 megawatt (MW) roof-mounted photovoltaic (PV) power plant for Gunther Heiss Solar Gmbh & Co. KG in Germany. The project was financed by a local Volksbank, backed by Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main.
Day4 Energy was responsible for the design, engineering and construction of the PV power plant together with one of our leading German based channel partners. The plant includes 12,600 48MC Day4 modules. The energy produced at this solar plant will be sold to the local grid provider under the German feed-in-tariff (FIT) Law (EEG).
"The successful completion of this project adds to our track record and will be another excellent project to demonstrate the value of our turn-key solutions and the Day4 technology, said George Rubin, president of Day4 Energy.
"We are extremely pleased with the final product and look forward to further collaborations with the Day4 Team", said Gunther Heiss, president of Gunther Heiss Solar Gmbh & Co. KG. Heiss Solar located in Emmingen, is a German company focused on the business of tree nurseries. Heiss has developed a concept to cultivate ginseng plants that prefer shading to sunlight for optimal growth and therefore require extensive roofs. The combined investment into the roof infrastructure and its power generation capability is a unique solution to the project.
About Day4 Energy:
Day4 Energy Inc. is a Canadian company dedicated to providing high performance photovoltaic (PV) solutions for residential, commercial and utility scale installations. By fundamentally improving on the design and assembly of solar cells and modules, the Company produces unique PV panels of high power density, increased lifetime and uncompromised aesthetic appearance. Day4 Energy partners with international technology leaders to develop and deliver IEC- and UL-certified solar products to customers around the world. Day4 Energy is listed on the Toronto Stock Exchange under the symbol "DFE".
For more information, please visit http://www.day4energy.com/. Forward Looking Statements
This news release contains forward-looking information. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances.
Day4 Energy Inc.
CONTACT: Therese Hayes, Head, Corporate Development, Day4 Energy Inc.,
(604) 296-0434, thayes@day4energy.com; Agnieszka Pozniak, Media Contact, Day4
Energy Inc., (604) 296-0415, media@day4energy.com
