HSINCHU, Taiwan, June 21, 2016 /PRNewswire/ -- To satisfy the thriving demand for high performance solar products, AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) announced today that it will introduce high efficiency and durable solar solutions at Intersolar Europe 2016 from June 22 to 24 in Munich, Germany. In particular, AUO will showcase a brand-new P-type mono-crystalline module featuring superior power output, further consolidating AUO's leadership position in providing high efficiency solar solutions.
This new SunVivo P-type mono-crystalline module applies an advanced light capturing technology with enhanced material design to reach an impressive power output of 314.8W, gaining at least 2% more power than conventional P-type counterparts.
AUO will present the SunForte 335W back-contact module with high module efficiency of 20.9%. Last year the SunForte was successfully employed by an AUO customer in a 20MW ground-mounted project in Celano, Italy, creating a utility scale solar power plant boasting one of the world's highest power density ratings(*).
In addition, AUO will display a new multi-crystalline module with blackish multi-crystalline cell and black frame. This attractive SunPrimo module is fit for residential, commercial and utility project purposes. The 4-Bus-Bar design also reduces the likelihood of micro-cracks.
All three solar modules above are capable of being produced to meet the most stringent standards of AUO's Diamond-Level Test Conditions, which ask for solar modules to withstand as many as 1,000 hours of PID (Potential Induced Degradation) resistance test at 85°C and 85% relative humidity.
AUO is a highly experienced and trusted provider of integrated solar solutions. Previously its solar brand was called BenQ Solar. Despite the brand name change, both the company and the team remained the same to provide equally effective service offerings. AUO will continue to deliver high efficiency and reliable solar solutions, as well as strengthen its presence to help accelerate green energy development and growth worldwide.
Based on the available market research information as of June 21, 2016.
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ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is one of the world's leading providers of optoelectronic solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.2 inches to 85 inches. Based on its profound R&D and manufacturing experience, AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry in 2008. By building a vertically integrated high-efficiency solar value chain, AUO provides its customers with high-efficiency solar solutions. AUO currently has global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO has also been named to Dow Jones Sustainability World Index from 2010 to 2015. AUO generated consolidated revenues of NT$360.35 billion in 2015. For more information, please visit AUO.com.
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of 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 pace of development of the flat panel display industry and the solar industry, the growth in demand in those markets, acceptance of 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 March 21, 2016.
SOURCE AU Optronics Corporation