
SAN RAMON, Calif. and MIDLAND, Mich., Dec. 12, 2011 /PRNewswire/ --Phoenix Solar and Dow Corning Corporation today jointly announced the completion of a solar installation at Dow Corning's world headquarters and for both companies to collaborate on efforts to commercialize a total solution using Dow Corning's structural adhesives. The adhesives, which replace the metal clamps, clips and bolts typically used to secure photovoltaic (PV) modules to mounting rails, have the potential to accelerate the adoption of solar energy by using automation to lower material and labor costs and reduce installation time in the building of solar plants.
Under terms of the agreement, Phoenix Solar has designed, installed and delivered a proof-of-concept installation and a 23-kilowatt demonstration grid-tied plant on the grounds of Dow Corning's corporate headquarters. The two companies will continue to pursue future opportunities for solar projects, both within the North American market and internationally.
"By teaming up with Phoenix Solar, we now have a partner with the worldwide reach to help make our structural adhesives a catalyst for accelerating the adoption of solar energy," said Tim Efthimiady, Global Business Manager for Solar BOS / Installations. "Working together, both companies have the capability to drive down installation costs and make solar plants an even more attractive alternative to fossil-based fuels."
"Dow Corning is an innovative company that already plays a prominent role in the solar industry, and they now have developed structural adhesives with the potential to reshape the way solar plants are built by dramatically reducing costs and installation time," said Paul J. Caudill, CEO and President of Phoenix Solar Inc. "We at Phoenix Solar share Dow Corning's vision of making solar power a broadly adopted renewable energy source around the world."
Editor's Note: A photo of the proof-of-concept installation at Dow Corning headquarters can be downloaded from the homepage of the Phoenix Solar Inc. website at www.phoenixsolar.com
About Phoenix Solar
Founded in 1999, Phoenix Solar is a global leader in the design, construction, operation and maintenance of solar photovoltaic power plants. The company's technology-neutral approach allows us to objectively provide the best solar solutions for our customers. Phoenix Solar Inc. is a wholly-owned subsidiary of Phoenix Solar AG (www.phoenixsolar.com), headquartered in Sulzemoos, Germany. For more information, please visit www.phoenixsolar.us or call 925-659-3700.
U.S. media contact: | Investor contact: | Non-U.S. Media contact: |
Bruce Entin | Jutta Stolp | Andrea Wegner |
Phoenix Solar Inc. | Phoenix Solar AG | Phoenix Solar AG |
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Direct: 925-659-3715 | Tel.:+49 (0)8135 938-315 | Tel.:+49 (0)8135 938 -313 |
About Dow Corning
DowCorning provides performance-enhancing solutions to serve the diverse needs of more than 25,000 customers worldwide. A global leader in silicones, silicon-based technology and innovation, DowCorning offers more than 7,000 products and services via the company's DowCorning®and XIAMETER®(www.xiameter.com) brands. DowCorning is equally owned by The Dow Chemical Company and Corning, Incorporated. More than half of DowCorning's annual sales are outside the United States. DowCorning's global operations adhere to the American Chemistry Council's Responsible Care® initiative, a stringent set of standards designed to advance the safe and secure management of chemical products and processes.
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SOURCE Phoenix Solar