HSINCHU, Taiwan, Nov. 17 /PRNewswire-Asia/ --
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) announced today that its Solar Frisbee Roof project at the Taipei European School is ready to be launched. As one of the project coordinators, AUO expects that its sponsorship of the photovoltaic Frisbee at the Taipei European School and its role as project coordinator will help AUO and its solar business partners to promote BIPV applications globally. The project will also provide a model for the best practices of a BIPV project in Taiwan.
Co-financed by the German Federal Ministry of Economics and Technology, the TES solar project is a German Energy Agency (dena) Solar Roof Program. Abakus Solar AG, a2peak power, and AU Optronics cooperated on this project, working together on everything from system design to solar module manufacturing.
The Frisbee-shaped solar roof provides a playground for children, while also sheltering them from sunshine and rain. The roof was constructed from thirty-two 210 W photovoltaic (PV) modules, with an output of 6.8 kWp (kilo Watt peak). It can generate 6,205 kWh (kilowatt-hours) annually, resulting in an estimated reduction of 3.95 tons of carbon emissions.
"AUO is devoted to being a global leader in Green Solutions," said Dr. L. J. Chen, President and CEO of AUO. AUO restructured its Energy Office in October and formally founded its "Solar Photovoltaic Business Unit," with an aim to showcase its rapid development in the solar photovoltaic industry. With the establishment of a dedicated R&D team, AUO's solar business, guided by a strategy of providing total solutions, has been proactively developing the value chain of its energy business, offering the finest integrated technology and services to the world. AUO has been closely cooperating with solar system providers at the end market and rapidly accumulating experience and technology through the execution of large projects. The AUO solar photovoltaic team is expanding its business worldwide.
AUO PR photos can be downloaded from AUO's corporate website URL:
http://auo.com/auoDEV/pressroom.php?sec=Photos&&ls=en
Any use of photographs must cite the source thereof is from AU Optronics Corporation.
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is a worldwide top three manufacturer* of thin film transistor liquid crystal display panels (TFT-LCD). AUO is able to provide customers with a full range of panel sizes and comprehensive applications, offering TFT-LCD panels in sizes ranging from 1.2 inches to greater than 65 inches. AUO generated NT$423.9 billion (US$12.9 billion) in sales revenue in 2008 and now houses a staff of more than 42,000 employees throughout its global operations in Taiwan, Mainland China, Japan, Singapore, South Korea, the U.S., and Europe. Additionally, AUO is the first pure TFT-LCD manufacturer to successfully list at the New York Stock Exchange (NYSE). AUO extended its market to green energy industry in the end of 2008, and formally founded The Solar Photovoltaic Business Unit in October, 2009. For more information, please visit http://www.AUO.com .
* DisplaySearch 2Q2009 WW Large-Area TFT-LCD Shipment Report dated August 5, 2009. This data is used as reference only and AUO does not make any endorsement or representation in connection therewith. 2008 year end revenue converted by an exchange rate of NTD32.76:USD1.
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a worldwide top three manufacturer of large-size TFT-LCD panels, today announced the above news. Except for statements regarding historical matters, the statements contained in this Release are "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements were based on our management's expectations, projections and beliefs at the time, regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Form 20-F filed with the United States Securities and Exchange Commission on May 27th, 2009.
