BURNABY, BC, June 8 /PRNewswire-FirstCall/ - Day4 Energy Inc. (TSX: DFE), a leading supplier of high performance, cost-effective solar electric solutions, today announced it has commenced the construction of a turnkey 1.8MW ground mounted photovoltaic power plant in Niedereschach-Fischbach Germany. The project is being built for a private investor group who is a repeat customer of Day4 Energy.
Day4 Energy has already completed the design, engineering works and has now begun construction of the PV power plant with the assistance of some of our leading German based channel partners. Once completed at the end of June, the plant is expected to include approximately 9800 48MC Day4 modules. Energy Park Fischbach will be built in the south west of Germany, in the State of Baden Niedereschach-Fischbach within 8 km of the Day4 Energy offices. The energy produced at this solar plant will be sold to the local grid provider under the German FIT Law (EEG).
"It is always exciting to earn the trust of a new customer. Repeat business - is the highest form of recognition for our products and service and further validation of our ability to deliver a quality product," said George Rubin, President of Day4 Energy. "We are proud to be selected for this project and are looking forward to continuing to build our reputation of flawless execution in delivery of turn-key project solutions."
Day4 Energy is focused on significantly increasing its presence in the solar project market vertical over the next several months and intends to scale its project development business model to other markets including Italy and Canada.
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 partners with international technology leaders to develop and deliver IEC- and UL-certified solar products to customers around the world. Day4 is listed on the Toronto Stock Exchange under the symbol "DFE". For more information, please visit 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.
SOURCE Day4 Energy Inc.