August 3, 2007 — United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. has signed a three-year distributor agreement with Advanced Green Technologies, Inc. for $108 million of photovoltaic (PV) products.
A unit of Advanced Roofing, Inc., Advanced Green Technologies is offering sustainable building integrated solutions and renewable energy products for commercial and residential roofing applications using UNI-SOLAR products.
California and 12 other states have recently embraced energy efficiency initiatives and renewable energy policies in efforts to reduce greenhouse gas emissions.
Unlike traditional crystalline technology, which typically uses heavy glass panels, UNI-SOLAR products are flexible, durable, lightweight, and easy to install, says the company. Because of these characteristics, UNI-SOLAR triple- junction products offer the ideal solution for both grid-connected and off- grid solar electric systems. Independent studies in Europe and elsewhere have shown that triple-junction products deliver more energy per rated power than the conventional crystalline products.
United Solar Ovonic, building on technology invented and pioneered by ECD, is a world leader in thin-film amorphous photovoltaics.
