Tuesday, October 11, 2011

Upsolar Modules Qualify for 10 Percent Premium on Italian Feed-in Tariff


Company receives ‘Made in EU’ certification from certification authority ICIM

TREVISO, Italy - Tuesday, October 11th 2011 [ME NewsWire]

(BUSINESS WIRE)-- Upsolar, a leading international provider of solar PV modules, today announced that the company’s products earned “Made in EU” certification from the Institute of Industrial Certification for Mechanics (ICIM). This approval immediately qualifies systems including Upsolar’s modules for a 10 percent higher rate through Italy’s updated Conto Energia IV feed-in tariff (FiT) policy.

The conditions to obtain the 10 percent premium mandate that non-labor costs from EU-made components constitute at least 60 percent of the total cost of the PV system. Upsolar’s polycrystalline silicon modules qualify for "Made in EU" certification through the incorporation of polysilicon wafers from a reputable German manufacturer.

To achieve official recognition, both Upsolar’s manufacturing platforms and its German supplier were subjected to rigorous factory and process inspection. All certified modules will now display “Made in EU” insignias.

“We are especially proud to receive our certification from the ICIM,” said Giuseppe D’Elia, Italy Country Manager of Upsolar. “Validation from this prestigious body goes above and beyond in demonstrating to our Italian customers and financial partners that Upsolar’s modules offer exceptional value.”

Upsolar guarantees exceptional module quality through its award-winning, vertically integrated “Excellence at Each Step” approach. From the R&D stages through commercial-scale production, Upsolar’s team of design, manufacturing and quality control experts continually work to optimize the company’s processes to ensure premium safety, reliability and performance for its customers around the world.

This announcement marks the latest initiative in Upsolar’s commitment in the European market. In addition to building strong relationships through regional solar organizations including the Italian PV Industry Association (GIFI), Upsolar recently commissioned a 30 MW production platform in Braga, Portugal, where the local economy now gains significant economic benefits from the new facility.

“The success Upsolar continues to yield in both emerging and established global solar markets is the result of our commitment to meeting the varying needs of regional customers through diligent local support,” said Zhe Jiang, CEO of Upsolar. “Achieving ‘Made in EU’ status is a vital component to earning the lasting trust of customers in Italy and throughout Europe, enabling them to take advantage of the feed-in tariff rates with quality products.”

To view Upsolar’s ICIM certificate, please visit: http://upsolar.com/it/products/certifications.aspx

About Upsolar

Upsolar is a leading international solar module developer and producer, offering the solar industry’s best quality / price ratio in the global PV market. With vertically integrated, diversified manufacturing platforms, as well as an R&D-supported quality control management system, Upsolar produces high quality, reliable solar modules backed by a world-class warranty, at competitive prices. Headquartered in Shanghai, Upsolar has offices throughout Asia, Europe and North America to support an international customer-base, providing on-site technical support, customer service and product development teams. For more information, visit www.upsolar.com.

Contacts

Upsolar

Lucy Chen, +33 1 83 62 02 00

PR and Communication Specialist

lucy.chen@upsolar.com



Antenna Group for Upsolar

Kimberly Setliff, +1 415-977-1942

upsolar@antennagroup.com

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