- Delivering industry leading reliability and
durability
HSINCHU, Taiwan, May 31, 2017 /PRNewswire/ -- AU Optronics Corp.
("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) will
participate in Intersolar Europe from May 31
to June 2 in Munich,
Germany to present high efficiency solar modules with
industry leading reliability, satisfying demand for stable power
generation in the long term. In particular, AUO's SunVivo
mono-crystalline and SunPrimo multi-crystalline solar modules are
manufactured locally in Europe,
capable of being delivered promptly to create higher value for
customers.
Self-developed Diamond Level Reliability Test for Stable
Power Generation for the Long Term
The component quality of solar modules is crucial for the stable
and reliable operation of solar systems. To ensure long term stable
power generation, AUO employed a set of Diamond Level criteria, higher than the industry
standards(1), and rigorously tested the modules in its
UL certified solar lab for product reliability, durability, and
weather resistance. Particularly, SunVivo mono-crystalline and
SunPrimo multi-crystalline solar modules were tested for resistance
to light induced degradation (LID) and showed LID of less than 2%
in the first year of use. The modules also passed a 1,000-hour test
for resistance to potential induced degradation (PID),
demonstrating exceptional quality for stable power generation.
These two types of modules, combined with an enhanced structural
design, passed snow load and dynamic wind pressure tests to meet
the requirements for the specific terrain, weather, and extreme
environments in Europe.
AUO SunVivo and SunPrimo solar modules use a five-busbar design
to allow faster current collection, thus effectively increasing
their power output. Notably, the SunVivo series offers a true black
module design consisting of only 60 pieces of cells to attain over
300 watts of power output, meeting the demand for high power
generation.
AUO solar modules boast high reliability and stable power
generation, and was rated a Tier One Module Maker by Bloomberg New
Energy Finance(2). AUO is dedicated to offering safer
and reliable products and services to assist its partners in
realizing their solar project goals.
Made in Europe, Offering
Prompt Delivery and Low Carbon Products
In 2010, AUO established a solar module plant in Europe, which has since helped to offer timely
service to customers. Moreover, transporting the locally made solar
modules have also reduced more carbon footprints, fulfilling the
low-carbon module tender requirement in the European market and
substantially enhancing green competitiveness. AUO is also
proactively expanding its local partner network, and now has over
30 sales channels across 20-plus countries in Europe, providing customers with timely and
effective solutions. AUO will continue to develop high quality
solar modules with high efficiency and reliability to meet diverse
system demands, and become a reliable partner for customers over
time.
(1) Based on the
available market research information as of May 31,
2017.
|
(2) Source: Tier 1
Module Maker List in Q12017 PV Outlook, Bloomberg New Energy
Finance
|
AUO photos can be downloaded at the Company's website:
http://auo.com/?sn=479&lang=en-US
Any use of photographs must cite the source thereof is from
AU Optronics Corporation.
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 and 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 2016. AUO's
consolidated net revenues in 2016 were NT$329.09 billion. 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 include "forward-looking
statements" as defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are 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 flat panel display
industry, the TFT-LCD market, 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 Annual Report on Form 20-F filed with the United
States Securities and Exchange Commission on March 30, 2017. In addition, our SEC reports,
including our Annual Report on Form 20-F contains other information
on these and other factors that could affect our financial results
and cause actual results to differ materially from any
forward-looking information we may provide. We undertake no
obligation to update or revise any forward-looking statements to
reflect subsequent events, new information or future
circumstances.