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Notice of Memorandum of Understanding between Triumph Science and Technology Group and Solar Frontier2019-11-19

Notice of Memorandum of Understanding between Triumph Science and Technology Group and Solar Frontier

Feasibility study into development of building-integrated photovoltaics, applying CIS thin-film technology to expand photovoltaic power generation in China.

November 18th, 2019 –Triumph Science and Technology Group and Solar Frontier, 100% owned by Idemitsu Kosan, today announced the signing of a memorandum of understanding for a joint feasibility study. Together with Idemitsu Kosan, Triumph Science and Technology Group and Solar Frontier will look into developing building-integrated photovoltaics (BIPV) with the use of CIS thin-film technology in aim of expanding photovoltaic power generation in China.

The developments of this feasibility study will be announced depending on the results of this joint initiative.

About Triumph Science and Technology Group

Triumph Science and Technology Group is a multifunctional platform for the management, industrialization, financing, investment and acquisition of high-end technology. It is a wholly-owned subsidiary of China National Building Material Group. The company has high technical level and market share in photovoltaic and glass fields.
Visit http://www.ctiec.net/

About Idemitsu Kosan

Idemitsu Kosan Co., Ltd. is a company whose main business is oil refining and sales, and we are proud to play a proactive role in stable energy supply. Our company will continuously operate and expand the following five business segments both domestic and abroad in order to evolve into a resilient business entity: Petroleum Products, Basic Chemicals, Functional Materials, Electricity & Renewable Energy, and Resources.

About Solar Frontier

Solar Frontier is a provider of CIS solar panels, system solutions and services. Our solar panel technology delivers economical and environmental advantages in real-world conditions – where it counts. We harness the power of the sun to provide a cleaner, more comfortable life for all. Visit http://www.solar-frontier.com/eng/ or follow us on Twitter or Facebook.

For Solar Frontier global media inquiries, please contact:

Satoshi Yoshida or Nanae Itou

Corporate Administration Department, Solar Frontier

Tel: +81 (3) 5531-5792

Email: PR@solar-frontier.com

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