Nanosolar and EDF Energies Nouvelles Commission Projects Totaling Six Megawatts

SAN JOSE, CA--(Marketwire - Nov 15, 2011) - Thin film solar printing leader Nanosolar, Inc. today announced its supply of Nanosolar Utility Panels to two separate installations totaling close to six megawatts (MWp) in partnership with EDF Energies Nouvelles (EDF EN) and its US subsidiary enXco. These projects are the latest result of a long-standing collaboration between Nanosolar and EDF EN.

"These latest projects to be commissioned with Nanosolar panels are a significant validation of both our close relationship with EDF EN and the low-cost potential of our thin film printing technology, which we believe can fundamentally change the solar and energy industries," said Geoff Tate, CEO of Nanosolar, Inc. "EDF Energies Nouvelles continues to be a strategic, collaborative partner to Nanosolar in the development, testing, and installation of our printing technology."

Gabardan, France

Three MWp of Nanosolar Utility Panels were installed this past summer and commissioned in September as part of a larger EDF EN solar farm in Gabardan, France. ColSun, a joint venture of EDF Energies Nouvelles and Belectric, installed the project using SMA central inverters. This is the first utility-scale installation of Nanosolar Utility Panels by EDF EN.

Amity, Oregon

A second approximately three MWp Nanosolar Utility Panel installation was constructed this summer and was commissioned in November 2011 near Amity, Oregon. Developed, designed and installed by enXco, the US subsidiary of EDF EN, at two separate sites using Advanced Energy inverters, the projects connect to the Portland General Electric distribution system.

"Nanosolar's thin film printing process and the Nanosolar Utility Panel continue to show great promise for low-cost solar installations," said Pierre-Guy Therond, Head of New Technologies at EDF EN. "We continue to support the development and progress of this disruptive technology from the lab through to delivery in the field."

Nanosolar Utility Panel

Nanosolar's innovative, roll-to-roll printing process and utility-scale panel design enables the Nanosolar Utility Panel to significantly reduce both manufacturing costs and balance of systems costs in multi-megawatt installations. In addition, it is the first solar panel to be certified to operate at up to 1500 system volts. These system design features allow for balance of systems cost savings of up to 30 percent over competing thin film solar panels in utility-scale power plants.

Nanosolar thin film solar cells are printed at the company's headquarters and manufacturing facility in San Jose, California. The Nanosolar Utility Panel can be assembled close to market demand in order to leverage local resources and minimize logistics costs.

For more information about Nanosolar and its innovative solar printing technology, please visit http://www.nanosolar.com.

About Nanosolar, Inc.

Nanosolar designs, engineers, and manufactures innovative thin film solar cells and panels based on printing CIGS (Copper, Indium, Gallium, Selenium) and nanoparticle inks. The company's first product, the Nanosolar Utility Panel, enables competitively priced peak power and installed system economics at utility-scale. With headquarters in San Jose, CA, Nanosolar operates the industry's first roll-to-roll solar cell printing factory in San Jose, California and a panel-assembly factory in Luckenwalde, Germany. For more information, please visit http://www.nanosolar.com.