BURNABY, BC, Jan. 20 /PRNewswire-FirstCall/ - Day4 Energy Inc. (TSX: DFE), a leading supplier of high performance, cost-effective solar electric solutions, today announced it has now completed the second phase of the one megawatt Solar Farm Hufingen GmBH Project in Germany. The project, completed in two separate phases consists of an initial 500 kilowatts (KW) completed in early 2009, followed by an additional 450KW completed in December 2009. It was financed by by Umweltbank AG, Nurnberg, Germany.
Day4 Systems GmbH, a 100% German subsidiary of Day4 Energy Inc., Burnaby, Canada was responsible for design, electrical planning and project management, supported by BES GmbH, who was responsible for the actual installation of the system.
The project is built on an area that was previously a landfill site. The system has a dual purpose; in addition to providing a source of revenue from the German Government's photovoltaic feed-in-tariff, the roof mounted system also redirects rain water away from the landfill area minimizing the amount of potentially contaminated water that leaves the site.
"This project is yet another example of Day4 Energy's efforts to address the unique needs of our customers by providing turn-key photovoltaic solutions," said George Rubin, president of Day4 Energy.
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 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.