Verditek PLC IEC Certification of PV Technology (0106F)
10 July 2019 - 4:00PM
UK Regulatory
TIDMVDTK
RNS Number : 0106F
Verditek PLC
10 July 2019
10 July 2019
Verditek PLC
("Verditek" or the "Company")
Verditek Solar Italy passes IEC Certification of their PV
Technology
Verditek plc, (AIM: VDTK), is pleased to announce that its
lightweight photo-voltaic ('PV') panel technology has successfully
passed all tests required for IEC 61215 and IEC 61730
certification. The technology is being used to transform solar
power by making very light-weight robust photo-voltaic solar cells.
These can be deployed in many more ways than heavy conventional
solar cells - such as on weaker, temporary, or old roofing.
Obtaining certification is the final step of preparation for
commercialisation, as it verifies the robustness and efficiency of
our PV technology. Manufacturing will now proceed to fulfil our
first order (1 plus 3 MW this year and next), conversion of the
good pipeline of leads being generated by our sales team and
through our commercial partners - Engenera Renewables Limited and
Optimeyes Energy Limited.
As recently announced, our 1800m(2) facility near Milan
comprises an automated manufacturing line with a production
capacity of 20 MW per annum. In order to pass the IEC tests, the
panels have been exposed to months of testing, including thermal
cycling (-40C to 85C), damp-heat, mechanical-load and hail tests
which simulate aggressive ageing and exposure to differing
climactic conditions. Testing was carried out by TUV InterCert, an
international organisation with headquarters in Bonn.
Thanks to its polymer construction, our PV panels are robust and
semi-flexible, being only approximately 3 mm thick they are easy to
install and weigh in around 2.3 kg/m2 compared with 11-15 kg/m2 for
conventional panels. By using the same high-quality monocrystalline
cells employed in the very best PV modules, this delivers more
watts per weight.
Alfredo De Mutiis, General Manager, Verditek Solar Italy says:
"This milestone confirms the quality of materials and design of our
panel benchmarks against the best conventional panel available in
the market. We will continue to improve on our design and
formulation as we mature the business, but I am satisfied that our
hard work and determination of the last months has been
rewarded."
Dr Geoff Nesbitt, CEO of Verditek plc says: "I am extremely
proud of what Alfredo and our team in VSI have accomplished in
achieving these standards with our products. I speak for the Board
when I state we stand behind the ingenuity and perseverance of our
people as they deliver a first-class solar manufacturing facility
in Europe. The multi-billion-dollar solar market continues to
expand as the world embraces renewable energy, and we are well
positioned with a certified product that addresses a need in
commercial warehousing and pre-engineered roofing that has been
unserved."
Enquiries:
Verditek plc
RH Lord David Willetts FRS (Non-Executive Tel: +44 (0)20 7129
Chairman) 1110
Dr Geoff Nesbitt (Chief Executive Officer) enquiries@verditek.plc.uk
WH Ireland Limited (NOMAD and Broker) Tel: +44 (0)20 7220
1666
Chris Hardie (Corporate Finance)
Matthew Chan
Adam Pollock (Corporate Broking)
About Verditek plc
Verditek plc (AIM: VDTK) is headquartered in London and holds
interests in three businesses operating within the clean technology
sector. This includes full control of a new manufacturing factory
in Lainate Italy comprising two solar manufacturing production
lines (total of 20MW p.a.) producing innovative lightweight solar
modules. Additionally, the company has interests in a sustainable
filtration and deodorization technology which is commercially
proven to remove a wide range of odours found in wastewater and
exhausts, and a unique liquid gas absorption technology which can
revolutionize the global CO2-capture industry.
For further information, please visit https://verditek.com/
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END
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