The Associated Press July 8, 2008, 8:04AM ET
ROCHESTER HILLS, Mich.
Solar energy product maker Energy Conversion Devices Inc. said Tuesday it will supply solar cell laminates to General Motors Corp. for the world's largest rooftop power generation system.
Financial terms of the deal were not disclosed.
The company's UNI-Solar thin-film flexible solar laminates will be installed this fall at a 2,000-square foot car plant in Figueruelas, Zaragoza, Spain.
The rooftop system will have about 85,000 solar panels and peak capacity of 12 megawatts -- enough electricity to power 4,575 homes, GM said.
Through its wholly owned subsidiary, United Solar Ovonic LLC, Energy Conversion Devices will supply the solar laminates, which are flexible sheets of solar cells covered in a plastic-like material.
GM will lease its roof space to Clairvoyant Energy SL and Veolia Environnement. The companies will build, own and operate the rooftop solar installation.
The Zaragoza plant builds Opel cars for the European marketplace.
------------------------------------------------------------------------------------------------------
This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your Car Lease, please visit www.leasetrader.com.
This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your car lease, please visit www.leasetrader.com