MiaSole Signs 600MW Long-Term Framework Agreement with juwi Solar

General News Tuesday August 31, 2010 08:50 —General News

MiaSolé, the leading manufacturer of Copper Indium Gallium Selenide

(CIGS) thin-film photovoltaic solar panels, today announced the

completion of a multiple year purchase agreement to supply CIGS modules

to juwi Solar GmbH.

The agreement outlines 50 MW of shipments in 2011 and a total of 600 MW

to be shipped over the period of the agreement. The framework agreement

represents the next step in what has been a long term relationship

between the two parties.

“juwi has an excellent history of developing and executing projects on a

number of continents,” said Joe Laia, CEO of MiaSolé. “We are happy to

align our corporate strategy with their history and experience.”

“The long-term nature and volumes outlined in the current supply

agreement with MiaSolé enable juwi to continue its plan of rapid

growth,” said Lars Falck. “In the prevailing unpredictable

environment, MiaSolé is proving to be an outstanding partner. We are

very fond of their product. Quality and professionalism will enable

MiaSolé to quickly gain market share.”

About MiaSolé

MiaSolé is a pioneer and leading developer of Copper Indium Gallium

Selenide (CIGS) thin-film photovoltaic solar panels, one of the

lowest-cost, highest efficiency solar panels in the world. MiaSolé’s

primary mission is to advance the extraordinary potential for harnessing

solar power as a competitive, sustainable energy source and enable grid

parity by 2012. Based in California, MiaSolé currently operates two

manufacturing facilities with construction beginning on the third

factory in 2010. Additional information on the company can be found at www.miasole.com.

About the juwi Group:

juwi is one of the leading project developers in the renewable energy

sector. Since 1996 the German company has been designing, building,

financing and operating solar, wind and bio energy plants. The CEOs and

founders Fred Jung and Matthias Willenbacher transformed the company

from a two-person operation into an internationally active group with

over 900 employees and annual revenue of approximately 900 million euros

(outlook 2010). To date, juwi has installed around 1,300 PV systems with

a total capacity of over 500 megawatts, among them one of the world's

largest solar power plants in Eastern Germany, and more than 400 wind

turbines with a total output of about 600 megawatts. juwi has

subsidiaries in Germany, the United States, France, Italy, Spain, the Czech

Republic, Greece, Poland and Costa Rica. www.juwi.com

CONTACT: MiaSolé
Ben Williams, 408-919-5770
ben.williams@miasole.com

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