Press Release VDE Testing and Certification Institute VDEincooperationwithFraunhoferISEawardsFirstSolarwithThinFilmPVIndustry’s First“QualityTested”Certification Certificatemarksnewageofriskreduction,qualityandsafetyforsolarplantassets Plant‐level”bankabilitycertificationreducesriskforPVpowerplantinvestors 50MWthinfilmPVpowerplantinNewMexicoisfirsttomeetextensivesafetyand performancerequirementsofVDEandFraunhoferISE LASVEGAS—SOLARPOWERINTERNATIONAL—October22,2014—TodayVDETestingand Certification Institute (VDE), a globally recognized premium certification body, in conjunction with partner Fraunhofer ISE, a world leading applied solar research institute, announced the issuanceofVDEQuality Tested(QT) CertificationtoFirstSolar,Inc.foritsdesign,engineering and construction of the Macho Springs 50MW (AC) power plant located in Luna County, New Mexico.The plant,whichwentintocommercialoperationin May of2014,utilizesFirstSolar’s thin film module and balance of system technology. A first for the industry, the successful QT certification of the complete PV plant marks the implementation of a strategic alliance to enhancetechnicalbankability. “TheVDEQualityTestedCertificationsetsFirstSolarapart,astheyhavenowpassedthemost rigorous quality assurance requirements at the PV plant/system level, thereby assuring a significant reduction of technical risk for the financial performance of First Solar systems. Certification of the Macho Springs facility documents that First Solar leads the industry in technical bankability at the PV power plant/system level.” said John Sedgwick, President VDE Americas. “FirstSolariscommittedtoprovidinghighestqualityandthelowestriskproductsandsystems in the solar industry. We have implemented rigorous, world‐class quality assurance processes throughout our operations,” said Azmat Siddiqi, Senior Vice President Quality & Reliability at First Solar. “We are honored to be recognized by VDE for our relentless pursuit of high performanceproductsandinstalledsystems.” HolisticPVPlantCertificationHeraldsNewAgeofRiskReduction,QualityandSafety Foryears,certificationofPVplantsubcomponentsaccordingtointernationalstandards(such as IEC standards for PV modules and inverters) have been the basis for establishing technical bankabilityofPVplants.Leadingtheindustry,theVDEQTCertificationofMachoSpringsverifies Press Release VDE Testing and Certification Institute the plant as a bankable solar asset and affirms that independent experts have validated every stepfrominitialdesignthroughtoinstallationandoperation. “WiththeVDEQualityTestedcertificate,VDEandFraunhoferISEstrivetosetanewbenchmark intheglobalindustryforPVpowerplantqualityandreliabilityassurance,leadingtogreaterrisk reduction.Weverifynotonlythequalityofindividualplantcomponents,butalsothesafetyand performance of the overall system”, said Burkhard Holder, Head of Energy and Smart TechnologiesatVDEInstituteGermany.“Suchacomprehensiveapproach,includingbothfield andlabtesting,leadstoasignificantlyhigherleveloftechnicalbankabilityandriskreductionfor PVpowerplantinvestorsandfinancialentities.” Highlighting the stringent, comprehensive level of quality assurance that the VDE QT Certification signifies, it was designed to deliver significant advantages in four key areas: electricalandmechanicalsafetyofthesystem;systemperformance‐throughahighlyaccurate energy yield report; proper system operation; and independent verification for investors, lenders,insurancecompaniesandotherstakeholders.TheVDEQTCertificationiscomposedof comprehensivedesignreview,sophisticatedmodelingandmorethan300testingpointswhich mustbepassedinordertoachievetheVDEQualityTestedMarkofcertification. “Independent quality Assurance for PV systems has played an important role ever since the earliest days of PV deployment,” commented Klaus Kiefer, Head of Quality Assurance PV Modules and Power Plants at Fraunhofer ISE. “We are very pleased to add our long‐term expertiseinpreciseperformanceevaluationasanintegralpartoftheVDEQTcertification.Our teamworkedcloselywithbothVDEandFirstSolarstafftoapplyourexperienceandknowledge toassurethemaximumqualityandperformanceattheMachoSpringsfacility.” “Thiscertificationbringsmorethan30yearsand38GWofGermanPVexperiencetotheUSfor the highest level of quality and superior confidence that the asset will provide long term financial returns,” according to Mr. Sedgwick. “The awarding of VDE QT Certification to the Macho Springs facility highlights the importance of professional certification procedures to ensurethehighestplantqualityandtechnicalbankability.TheMachoSpringsplantrepresents thecaliberofassetthattheindustryhasbeenworkingtowards—anindependently‐verifiedhigh quality PV plant that is providing power at prices competitive with traditional non‐renewable baseloadpower.” VDE Testing and Certification Institute Press Release ‐‐‐‐‐‐‐ AboutVDEAmericas: VDE Americas is a wholly owned subsidiary of theVDE Testing and Certification Institute,Germany.ThenewsubsidiaryislocatedinSiliconValleyandwillserviceVDEmarkets andcustomersinNorth,SouthandLatinAmerica.VDEAmericasisstaffedbyhighlyexperienced solarindustryprofessionals.Thesubsidiarywillserveasthehubforinitialsales,marketingand technicalserviceprovisionintotheAmericasregions. AboutVDEInstitute: The VDE Testing and Certification Instituteis a significant part of theVDE Association for Electrical, Electronic and Information Technology, which is one of the largest technical and scientific associations inEuropewith more than 35,000 members.The VDE Instituteis an independent institution which is responsible for testing and certifying the safety and performance of electronic devices, components and systems for the consumer and the general publicusingthehigheststandardsofquality.Cooperationagreementsinmorethan50countries ensure that the inspections of theVDE Instituteare internationally recognized. Millions of electricalproductsworldwidecarryVDEcertificationmarks.www.vde.com AboutFraunhoferISE: With a staff of 1300, the Fraunhofer Institute for Solar Energy Systems ISE is the largest solar energy research institute in Europe. Fraunhofer ISE is committed to promoting energy supply systems which are sustainable, economic, safe and socially just, thereby advancing the transformation of our energy system and the shift to renewables. To this end, the institute develops materials, components, systems and processes for energy efficiency, energy conversion, energy distribution and energy storage. Fraunhofer ISE has a wide range of expertiseandmanyyearsofexperienceinthefieldsofenergyefficientbuildings,photovoltaics, solar thermal technology, hydrogen and fuel cell technology as well as smart grids and power electronics through to sustainable mobility and storage technologies. Energy system analyses and accredited test centers complete the range of services for the energy sector.www.ise.fraunhofer.de AboutFirstSolar,Inc. FirstSolarisaleadingglobalproviderofcomprehensivephotovoltaic(PV)solarsystemswhich use its advanced module and system technology. The company's integrated power plant solutionsdeliveraneconomicallyattractivealternativetofossil‐fuelelectricitygenerationtoday. Fromrawmaterialsourcingthroughend‐of‐lifemodulerecycling,FirstSolar'srenewableenergy systemsprotectandenhancetheenvironment.www.firstsolar.com VDEAmericas BenNoble [email protected] or VDEInstitute,Germany ManyaBringiDev [email protected] Press Release or FraunhoferISE KarinSchneider HeadofPressandPublicRelations Phone:+497614588‐5150 [email protected] VDE Testing and Certification Institute
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