ISOFOTON Completes Its First High Concentration Photovoltaic Plant In China

ISOFOTON has
completed the installation of an electricity generation plant in China that is
based on high concentration photovoltaic technology (HCPV). The 100kWp facility
is located in the outskirts of the town of Golmud, in the Qinghai province in
the northeast part of the country. The facility construction site sits at an
elevation of 2,900 meters and is located in a geographical area that features
one of the best solar resources on the planet, with over 7KWh/m2 and day of
direct solar radiation in an area with very little annual precipitation.

This plant will be
the first of its kind developed by a company of non-Chinese origin. During
implementation, ISOFOTON has worked with a local provider. China's energy
company GD Solar chose the Malaga based company for its experience and quality
in HCPV technology, a field where ISOFOTON has been conducting steady research
for over 10 years and one which continues to make the company a global pioneer.

High concentration
is a new yet already successfully proven technology by ISOFOTON that is capable
of generating up to 50% more energy than conventional photovoltaic systems. To
achieve this, HCPV systems must be installed under specific site conditions
such as those existing in Golmud. Some nations like China, United States and
Italy are betting strongly on this new promising technology which is capable of
generating more energy at less cost, as well as creating jobs and wealth in
areas of the globe where it is not possible to do so by other means.

The plant will be
capable of producing over 220MWh/year that will be managed by GD Solar to
satisfy part of the needs of the 200,000 residents of this area.

With this facility,
ISOFOTON has achieved its ambitious objective of commercializing its HCPV
technology in the Chinese market, one of the most demanding and complex, which
also presents ideal locations for this type of technology.