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Energy Conversion Devices Urges Congress to Support National Rooftop Photovoltaic Initiative

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2009-01-25 03:40:08     
Energy Conversion Devices, Inc.

Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER), the leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, announced that Senior Advisor Nancy Bacon testified yesterday before the U.S. House Committee on Transportation and Infrastructure at the invitation of Chairman James L. Oberstar. The topic of the hearing was Infrastructure Investment: Ensuring an Effective Economic Recovery Program.

Ms. Bacon testified about the role that rooftop solar photovoltaic (PV) installations can play in generating more of our nation's electricity from clean, renewable sources; creating hundreds of thousands of jobs; reducing carbon dioxide production; reducing our reliance on foreign oil; and promoting distributed power generation in which power is generated where it is consumed, which relieves strain on the antiquated electrical grid.

Ms. Bacon commented, "As part of the stimulus package, we urge Congress to include a robust, national program to install solar photovoltaics on rooftops all across the country - starting with government buildings. An initiative of this magnitude will substantially benefit our economy through job creation, improve our environment and expand an important U.S. industry. We applaud the Committee and President Obama for supporting renewable energy, and look forward to working with them to transform American energy policy."

The full text of Ms. Bacon's written testimony can be found online at: http://transportation.house.gov/hearings/Testimony.aspx?TID=8772&NewsID=798

About Energy Conversion Devices

Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER) is the leader in building integrated and commercial rooftop photovoltaics, one of the fastest growing segments of the solar power industry. The company manufactures and sells thin-film solar laminates that convert sunlight to energy using proprietary technology. ECD's UNI-SOLAR(R) brand products are unique because of their flexibility, light weight, ease of installation, durability, and real-world efficiency. ECD also pioneers other alternative technologies, including a new type of nonvolatile digital memory technology that is significantly faster, less expensive, and ideal for use in a variety of applications including cell phones, digital cameras and personal computers. For more information, please visit www.ovonic.com.

Specialized in: Ecd - Ovonics - Conversion - Devices - Ovonic - Hydrogen-economy - System - Solar - Panel - Thin-film - Photovoltaics - Pv - Environmentally - Rugged - Shingles - Roofing - Bipv - Uni-solar - Nickel - Metal - Hydride - Batteries - Nimh-battery - Solid - Hydrogen
URL: http://www.ovonic.com
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