Abound Solar Announces Long-term Framework Agreement with Juwi Solar

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


Fort Collins / Wörrstadt - Abound Solar (formerly AVA Solar), a manufacturer of low-cost, thin-film photovoltaic (PV) solar panels, today announced that it has signed a longterm sales agreement with juwi solar, a leading global solar integrator based in Wörrstadt, Germany.

"Abound Solar is excited to be working with juwi solar to deploy our low-cost thin-film modules. Juwi is a premier solar integrator in the large-scale segment of the market and has the scale and global footprint to support our aggressive growth plans," said Pascal Noronha, CEO of Abound Solar. "We are proud that they have selected Abound Solar as a strategic partner to deliver industry-leading solutions to their customers."

"Having carefully examined many emerging solar technologies, we are convinced that Abound Solar will be a leading photovoltaic manufacturer with modules that meet our strict requirements for cost-effective performance and reliability," said Lars Falck, Managing Director of juwi solar. "The agreement we are announcing today will enable juwi to continue our growth in developing the world’s largest solar photovoltaic installations."


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 Juwi Group

The juwi group (http://www.juwi.com) was founded in 1996 by Matthias Willenbacher and Fred Jung. The CEOs together transformed the company from a two-person operation focusing on wind farm project development into an internationally active group with around 550 employees and an annual turnover of more than 650 million euros. As well as solar power and bioenergy, juwi also specializes in wind and hydro power, and geothermal energy. To date, juwi has installed more than 325 wind turbines producing a total output of over 500 MW, while in the solar sector, juwi has set up more than 1,000 PV systems with a total capacity of more than 250,000 KWp as of April 2009. Willenbacher and Jung also share a common goal: energy supply from purely regenerative sources - 100% dedication to 100% renewable energies.


Fort Collins / Wörrstadt, May 15th, 2009


Publication and Reprint free of charge; please send a voucher copy to
the juwi Holding AG or Abound Solar.


Attention editorial offices: For further questions please contact:

Mr. Ralf Heidenreich
Press Officer juwi Holding AG
Energie-Allee 1
55286 Wörrstadt
Tel: + 49 (0) 6732 - 96 57 1207
Fax: + 49 (0) 6732 - 96 57 7001
Mobil: + 49 (0) 173- 6598211
Mail: heidenreich@juwi.de
Internet: http://www.juwi.de


Abound Contact:
Nicole Mezlo
Soho Square
Phone: +1 202 729 4210
E-Mail: nicole.mezlo@sohosquarepr.com

Online press kit - all press releases from juwi Holding AG

---

Press photos for editorial use only
Note: For the content of this press release the issuer / publisher of the release is »juwi Holding AG« responsible.