MiaSole Signs Agreements With juwi Solar for Additional 8.5 MW of Photovoltaic Solar Power Modules

SANTA CLARA, Calif., Aug. 24 /PRNewswire/ -- MiaSole, the leading manufacturer of Copper Indium Gallium Selenide (CIGS) thin-film photovoltaic solar panels, today announced purchase agreements to supply juwi Solar GmbH with CIGS photovoltaic modules.

The larger agreement is for 7.5 MW of MiaSole's CIGS thin-film modules and will be used in Q3 and Q4 of 2010 for ground mounted and rooftop projects throughout Germany.

This follows 1MW of CIGS modules delivered to juwi in Q2 2010 for projects in Germany and San Antonio, Texas.

"We are very encouraged that MiaSole is supplying its proven and bank financeable modules for a number of projects developed by juwi solar," said Lars Falck, Managing Director of juwi Solar GmbH. "We expect that our relationship with MiaSole will grow to help us meet the increasing needs for solar power together."

The MiaSole module incorporates a glass-glass design, suitable for the most rigorous snow load requirement and design features such as a low open circuit voltage and interconnecting cables that reduce owner's balance of systems cost versus comparable thin film modules.

"MiaSole is proud to be supplying panels to one of Germany's leading renewable energy companies, juwi solar," said MiaSole CEO Joseph Laia. "MiaSole modules are the cost effective solution for utility scale installations, both roof top and ground mount, and this is the beginning of what we hope to be a long term partnership focused on large scale solar deployments."

About MiaSole

MiaSole is the leading developer of Copper Indium Gallium Selenide (CIGS) thin-film photovoltaic solar panels, one of the lowest-cost, highest efficiency solar panels in the world. MiaSole's primary mission is to advance the extraordinary potential for harnessing solar power as a competitive, sustainable energy source and enable grid parity by 2012. Based in California, MiaSole currently operates two manufacturing facilities with construction beginning on the third factory in 2010. More information on the company can be found at www.miasole.com.

About the juwi Group:

juwi is one of the leading project developers in the renewable energy sector. Since 1996 the German company has been designing, building, financing and operating solar, wind and bio energy plants. The CEOs and founders Fred Jung and Matthias Willenbacher transformed the company from a two-person operation into an internationally active group with over 900 employees and annual revenue of approximately 900 million euros (outlook 2010). To date, juwi has installed around 1,300 PV systems with a total capacity of over 500 megawatts, among them one of the world's largest solar power plants in Eastern Germany, and more than 400 wind turbines with a total output of about 600 megawatts. juwi has subsidiaries in Germany, the United States, France, Italy, Spain, the Czech Republic, Greece, Poland and Costa Rica. www.juwi.com

SOURCE MiaSole