This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Day4 Energy Provides Manufacturing Technology And Brand To Solar Modules Nederland BV

  • Solar Modules Nederland signs agreement to upgrade its manufacturing facilities and processes to produce solar modules featuring Day4 DNA™: stay-powerful™, work-smart™ and live-long™ Technologies

BURNABY, BC, June 14, 2011 /PRNewswire/ - Day4 Energy Inc., a leading global provider of solar photovoltaic (PV) products and solutions, has signed an agreement to provide Solar Modules Nederland (SMN), a leading high quality solar module provider based in Kerkrade, Netherlands with the equipment and technology to upgrade their 25MW production facility for the manufacture of solar modules featuring Day4 DNA Technologies.

The technology upgrade of SMN's 25MW production facility to Day4 technology is scheduled to begin immediately, with production anticipated to start in mid July 2011. Solar modules produced by SMN will use the Day4 DNA PV cell - a unique design that forms part of Day4 DNA technology which will be brought to market by licensed cell manufacturing partners. Day4 DNA PV cells do not require soldering, and based upon tests conducted by Day4 Energy, virtually eliminates PV cell energy losses after module lamination. They also enable the manufacturing of modules based on work-smart technology which significantly reduces the effects of shading on module performance.

Using proprietary equipment and technology from Day4 Energy, SMN will quickly transition into manufacturing premium performance Day4 DNA solar modules with minimum capital investment. The upgrade integrates Day4 Energy's PV cell lay-up procedure, replacing the need for soldering which is standard in most solar modules. All other necessary equipment exists in SMN's current solar module manufacturing configuration.

"With production set to begin just four weeks after initiation of the technology upgrade, SMN is well positioned to meet the growing demand of customers throughout Europe and take full advantage of the compelling product differentiation offered by Day4 DNA technology." notes Mr. Jac Hanssen, CEO of SMN.

The Day4 DNA brand encompasses three proprietary technologies that result in superior performance over standard modules: stay-powerful Technology interconnects solar electric cells in a unique way resulting in superior energy collection even in low light conditions; work-smart Technology ensures solar panels collect electricity when partially shaded by nearby trees, buildings or debris, generating more electricity in daily operations and over the life-time of the product; and live-long Technology enables superior performance in harsh climates due to a watertight back-sheet with an aluminum layer that protects against challenging weather conditions, moisture, salt-mist and harmful gasses from greenhouses and farms that can affect the amount of energy delivered by a solar PV panel. 

"We are committed to the success of our manufacturing partners" says George Rubin, President of Day4 Energy Inc. "In addition to equipment and technology, Day4 Energy provides training, sales and marketing support, as well as market development assistance, to ensure the continued growth of products featuring Day4 DNA."

"Armed with the Day4 DNA, SMN is able to make full use of next generation solar cell technologies - something that we believe is difficult, if not impossible, to do with conventional PV module manufacturing processes" observes Mr. Rubin.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,919.59 +80.85 0.48%
S&P 500 1,981.60 +9.86 0.50%
NASDAQ 4,527.5140 +19.2020 0.43%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs