AU Optronics ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), the global leading display and solar solutions provider, today announced that it is ready to provide its customers with US-made solar solutions. The progress enriches AUO's global solar module capacity to span across Europe, America, and Asia. It also makes AUO one of the few international suppliers capable of offering US-made solar solutions. Further development in the US market has been marked by the acquisition of a 9 MW Solar Power Project in the Pennsylvania School District, which will be the largest solar power plant in Pennsylvania as well as one of the largest school district projects nationwide. AUO will continue to provide top-notch customized solar solutions to the U.S. customers.
"The US market is a very important solar market. AUO's high-efficiency and high-quality solar modules are not only wide ly acclaimed for their performance in the residential and commercial markets but have also successfully acquired large utility and government projects." said James Chen, Vice President of AUO Solar Business Group. "We continue to develop advanced technology and leverage our local services to provide US-made solar modules for utility, commercial and residential customers who expect the best high-efficiency solar products."
AUO adopts the strategy of "Global Operation, Local Delivery" and is currently the Taiwanese PV player with the highest solar module capacity worldwide(*). Having achieved full capacity in its Czech plant, AUO utilized its exceptional skills in global operation and turned to the US market to provide its customers with US-made solar modules and customized services. AUO's solar modules have met American Federal Acquisition Regulation's BAA (Buy American Act) and TAA (Trade Agreements Act). AUO's high-efficiency and high-quality solar modules have been also listed in CEC (California Energy Commission). By offering its stable and reliable solar products, AUO will engage itself actively in the US solar market for even greater presence.
The area of the Pennsylvanian solar power project AUO obtained recently is around 62 acres, equivalent to 87 football fields. The project is the largest solar power plant in Pennsylvania and also one of the largest among American schoo l districts. By using AUO's 37,500 pieces of high-efficiency solar modules, the solar power plant is expected to be completed in September, 2012. The power plant will generate 10,880,000 kWh of electricity annually for the daily use of approximately 5,000 students in 5 schools nearby. Approximately 6,663 tons of CO2 emissions could be reduced.
*Based on available market research information as of Feb. 7, 2012.
