Business News
Solar EnerTech Obtains VDE Certification
2008-07-23 07:45:00
Solar EnerTech Obtains VDE Certification
Applications in Process for UL and CSA Certifications
MENLO PARK, Calif., July 23 /Xinhua-EMWNews/ -- Solar
EnerTech Corp. (OTC Bulletin Board: SOEN) (the "Company") today announced
that the Company has obtained its VDE Certification.
The VDE Mark indicates conformity with the VDE standards or European or
internationally harmonized standards and confirms compliance with
protective requirements of the applicable EC Directive(s). The VDE Mark,
awarded for photovoltaic components and systems, is a symbol for
electrical, mechanical, thermal, toxic, radiological and other hazards.
Mr. Leo Young, Chief Executive Officer of Solar EnerTech, commented,
''We are very pleased to obtain this certification, which will improve our
business opportunities in the European marketplace. In addition to the
recently secured VDE certification mark, Solar Enertech holds all other
major international PV certifications, including IEC 61215 and CE. Further,
our manufacturing process is ISO 9001:2000 and ISO 14001:2004 certified. We
are in the process of applying for UL and CSA certifications, which can
help facilitate our entry into other markets and augment our production
capabilities.''
The Company plans to report its results for the third fiscal quarter of
2008, ended June 30, sometime during the first week of August.
About Solar EnerTech Corp.
Solar EnerTech is a photovoltaic ("PV") solar energy cell manufacturing
enterprise based in Shanghai, China, where the Company has established a
sophisticated 63,000 square foot manufacturing plant in Shanghai's Jinqiao
Modern Technology Park. Currently, the Company is capable of producing 25Mw
of solar cells from its existing production line and the company is in the
process to complete its second 25 Mw production line to better utilize
capacity and to meet expected future customer demand.
Solar EnerTech has also established a Joint R&D Lab at Shanghai
University to research and develop higher efficiency cells and to put the
results of that research to use in its manufacturing processes. Led by one
of the industry's top scientists, the Company expects its R&D program to
help bring Solar EnerTech to the forefront of advanced solar technology
research and production. The Company has also established a marketing,
purchasing and distribution arm in Northern California's Silicon Valley.
Safe Harbor Statement
Statements contained in this press release, which are not historical
facts, are forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements are based largely on current expectations and are subject to a
number of known and unknown risks, uncertainties and other factors beyond
our control that could cause actual events and results to differ materially
from these statements. These statements are not guarantees of future
performance, and readers are cautioned not to place undue reliance on these
forward-looking statements, which are relevant as of the date of the given
press release and should not be relied upon as of any subsequent date.
Solar EnerTech undertakes no obligation to update publicly any
forward-looking statements.
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