SANTA CLARA, Calif., May 17, 2010 -- BUSINESS WIRE

MiaSole, the leading manufacturer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels, today announced its participation and installation of MiaSole modules at ProLogis Renewable Energy's rooftop photovoltaic test site in Denver, Colorado.

"Continued improvements in conversion efficiencies, manufacturing yields, and cost reductions have helped make photovoltaic solar one of the most affordable and efficient types of renewable energy today" said Joe Laia, CEO of MiaSole. "We are pleased to participate in the ProLogis test site to demonstrate that our distinct manufacturing process produces CIGS modules that offer a compelling value to our customers."

The ProLogis test site will provide side-by-side comparisons of modules from eight solar manufacturers. The site will measure the performance of a variety of module technologies, including thin film, monocrystalline, glass-on-glass and membrane-applied thin film modules.

The ProLogis Rooftop Photovoltaic test site marks the first Colorado project for MiaSole and is the seventh testing facility in the United States to feature MiaSole's modules.

"MiaSole and ProLogis share a common goal of expansion for large-scale distributed solar installations," said Laia. "We commend ProLogis's commitment to renewable energy and are proud to partner with them on this initiative."

MiaSole will have shipped 6.5MW in the first half of this year and expects to ship 22MW in 2010. MiaSole's CIGS thin-film photovoltaic solar panels currently convert 10.5% of sunlight into electricity. The products are designed specifically for large-scale rooftop and ground mount installations for utilities, independent power providers and industrial scale deployments.

About MiaSole

MiaSole 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. MiaSole'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, MiaSole currently operates two manufacturing facilities with plans to open a third facility in 2010.

SOURCE: MiaSole

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