HSINCHU, Taiwan, July 8, 2013 /PRNewswire-FirstCall/ -- To meet the substantial demand for high efficiency and user-friendly residential solar products, BenQ Solar, the world's leading solar solution brand, announced today that its high value-added and reliable total solutions for homeowners have been successfully applied throughout the United States.
BenQ Solar has partnered with Zep Solar, experts in solar mounting systems, to develop total solar solutions that address the design and installation of residential solar energy systems. BenQ Solar's Zep Compatible modules are compatible with all residential and commercial roof types. This flexible solution effectively lowers balance of system (BOS) costs and offers an easier, quicker and safer installation process.
Also designed specifically for the residential market, BenQ Solar's AC Unison, the high performance AC module total solution, comes with high efficiency modules matched with built-in micro-inverters and a web-based monitoring platform, and is capable of harvesting 5 to 20% more energy than conventional counterparts. Outstanding performance can be maintained even under partial shading. The absence of high voltage DC also allows safe installation and ownership. True plug-and-play design is featured, reducing installation time by up to 50%. Since its introduction in 2011, AC Unison has been well received by the U.S. market. Last year alone, the system's adoption rate across the U.S. increased by 150%.
To timely serve its customers, BenQ Solar will continue to work with reputable distributors nationwide to provide high performance and more easily accessible solar total solutions. Come witness all these products first hand at booth # 7533 in Intersolar North America 2013!
About BenQ Solar
BenQ Solar is a division of AU Optronics Corp. AU Optronics manufactures and markets its PV products globally by using BenQ Solar as its solar product brand. As a total solution provider, BenQ Solar specializes in providing high efficiency solar solutions that cater to residential, commercial and utility customers. With a complete Solar Value Chain, including polysilicon, ingot, wafer, cell, module and system production, BenQ Solar prides itself on offering premium quality and reliable performance and has successfully accomplished many large solar power plants projects in Europe, Asia and Africa. BenQ Solar products meet and exceed internationally recognized standards, including JET, JPEC, IEC, UL, MCS and CEC. Please visit BenQSolar.com.
About AU Optronics
AU Optronics Corp. (AUO) is one of the world's leading providers of optoelectronic solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.5 inches to 65 inches. Based on its profound R&D and manufacturing experience, AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry in 2008. By building a vertically integrated high-efficiency solar value chain, AUO provides its customers with high-efficiency solar solutions. AUO now houses a staff of more than 45,000 employees, with global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO has also been named to Dow Jones Sustainability World Index for three consecutive years from 2010 to 2012. AUO generated NT$378.5 billion (US$ 13.03 billion) in sales revenue in 2012. For more information, please visit AUO.com.
* 2012 year end revenue converted at an exchange rate of NTD29.05 : USD 1.
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release are "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements were based on our management's expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Form 20-F filed with the United States Securities and Exchange Commission on March 15th, 2013.
SOURCE AU Optronics Corp.