S-Energy America To Launch The Groundbreaking S-Crane Along With The New 1,500-V And G2G Modules

IRVINE, Calif., July 9, 2015 /PRNewswire/ -- S-Energy Co., Ltd. (095910:KOSDAQ) ("S-Energy" or "the Company"), Korea's #1 manufacturer of high-quality PV Solar Modules, has announced today that the Company will be introducing some of its most recent, innovative products into the US market during Intersolar North America, which will take place from July 14 to 16 at San Francisco's Moscone Center.

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S-Crane – engineered in Germany, the sole purpose of this crane is to minimize the duration of construction, which can significantly drive down the EPC costs by down 15%. By utilizing the carefully designed, state-of-the-art suction technology, this crane allows the installation of 11 modules simultaneously. With a reach of 8 meters (approximately 3 rows of arrays), this vehicle will be able to lower the amount of labor cost by 10%, which has already been drawing attention in the European and North American markets.

1,500-V Modules – S-Energy has been working exclusively with Underwriters Laboratory (UL) and has cooperated in the process of establishing the certification requirements for PV modules with a maximum system voltage of 1,500 V. The Company is the first in the industry to have received the 1,500-V certification by UL and the new modules will be equipped with advanced materials for improved performance with stronger tolerances for higher voltages. By increasing the number of modules in a single array, this product has been proven to reduce the amount of electrical materials by 14%, leading to a 10% decrease in the balance of system (BoS) cost.

Glass-to-Glass (G2G) Modules – a frameless, PID-free PV module with a warranty term of 30 years and an annual degradation rate of 0.35%. This new and improved module has been approved to be more aesthetically pleasing, while meeting all of the safety requirements for both electrical and fire standards. With glass sheets on the module's front and back, S-Energy's G2G modules provide homeowners with a more modern look, compared to standard PV modules.

The Company's US operations, S-Energy America, had completed the installation and grid connection of 3.33 megawatts of solar carport structures at 2 Los Angeles County, California school districts in 2014. S-Energy America, the wholly owned US operation of the Company, provides AD/CVD-free, Korean-made modules to major residential and commercial solar installers throughout North America.

S-Energy Co., Ltd., formed as a spin-off of Samsung Electronics, is one of the global solar industry's oldest and most experienced module manufacturers – continuously building PV modules since 1994. The Company's reputation for industry-leading quality and long-term performance is backed by 20 years of field operating data. S-Energy's project development activities include building some of the world's first megawatt scale solar power plants dating back to 2006.

About S-Energy Co., Ltd.
Started as Samsung Electronics' Solar Division in 1994 and subsequently spun-out as S-Energy (095910:KOSDAQ), the Company is one of the industry's oldest and most experienced PV module manufacturers. S-Energy is headquartered in Seong-nam, South Korea and maintains in excess of 30% market share of Korea's domestic PV market. S-Energy, the first renewable energy company listed on the KOSDAQ in 2007, is one of the most financially stable global PV module OEMs with consistent positive operating margin and low debt to equity ratio. The Company provides module sales and project expertise in North and Latin America through SEAI America, Inc. (doing business as, S-Energy America) based in Irvine, California. Learn more at www.s-energy.com/en.

SOURCE S-Energy Co., Ltd.