Press Releases

Abound Solar Announces Long-term Framework Agreement with Wirsol Solar

Thin-film manufacturer Abound Solar signs agreement to supply Wirsol Solar with next-generation photovoltaic modules

Fort Collins, Colo. (May 14, 2009) – Abound Solar (formerly AVA Solar), a manufacturer of low-cost, thin-film photovoltaic (PV) solar panels, today announced that it has signed a long-term sales agreement with Wirsol Solar, a leading global solar integrator based in Baden Württemberg, Germany.

“Wirsol is a leading full-service provider of photovoltaic systems with operations around the world. We are proud to be partnering with them to deploy our low cost thin-film modules in large-scale projects,” said Pascal Noronha, CEO of Abound Solar. “Wirsol has installed more than 2,000 PV systems worldwide and this contract is an endorsement of our ability to help deliver industry-leading solutions to customers in a wide variety of installations.”

“We are excited to announce our partnership with Abound,” said Markus Wirth, Managing Director of Wirsol Solar. “Abound Solar™ modules will enable us to significantly accelerate our deployment of multi-megawatt solar installations. In fact, our relationship with Abound Solar and the potential of the United States market has led us to open our North American office in Fort Collins, Colorado so that we are in a position to work collaboratively to develop large projects around the world.”

About Abound Solar

Abound Solar was founded in 2007 to commercialize a proprietary process for manufacturing thin-film photovoltaic modules. Built upon 15 years of development at Colorado State University and with support from the National Renewable Energy Laboratory, Abound Solar has developed a robust, commercial-scale, continuous process for producing solar modules that significantly reduces the cost of generating solar electricity. The company recently began commercial production at its manufacturing facility in Longmont, Colorado. For additional information, visit http://www.abound.com.

About Wirsol Solar

Wirsol Solar AG is a full service provider in the field of photovoltaics and specializes in system solutions for residential and commercial rooftop installations as well as on solar parks. Based on the number of systems installed – 2,000 within the past few years - WIRSOL SOLAR AG is one of the leading system-integrators in the industry. For more information, please visit http://www.wirsol.de.