Silfab Ontario's first 180MW solar module manufacturing plant in Ontario is quickly taking shape with a facility located in one of the busiest business areas of Southern Ontario and, with strong demand from international PV companies, has launched its new OEM partnership program.

Internationally vertically-integrated solar provider, Silfab Spa (Italy), is realizing in record-time its project to build a 180 MW solar module manufacturing plant in Ontario, Canada, with an investment of 15 million Canadian dollar (first phase). Since officially unveiling its plan last June, the company has registered the new Canadian subsidiary, Silfab Ontario Inc., and proceeded to locate and secure the 100,000+ square foot production facility in Mississauga, Ontario (240 Courtneypark Drive East). Today, Silfab Ontario also announced a broadening of its business model to accommodate Ontario based PV module OEM manufacturing to share its production capabilities with domestic and international solar companies seeking to enter the Ontario market. According to the company's timeline, Silfab Ontario is on track to start production in early 2011 with a capacity of 60 MW, ramping up to 180 MW by 2012.

Whereas the manufacturing of Silfab own high-efficiency mono and multi-crystalline silicon modules will absorb over half of the plant's capacity, the rest of the production will be devoted to OEM partners who seek to fulfill the fast-growing demand for renewable energy products in Ontario complying with the domestic content requirements set by the Ontario Government. OEM partners will have access to Silfab founding team's 30 years of experience in the photovoltaic modules production and a certified process that guarantees the full compliance with the production criteria set by the Ontario Feed-In-Tariff Law.

Silfab Ontario has already started the negotiations of OEM contracts with several leading companies which will provide their own component materials to build PV modules at the new Mississauga plant which will be distributed under their own brands.

"For Silfab, this is an invaluable opportunity to export our consolidated photovoltaic experience and know-how in a market that has just begun to unfold" commented Silfab SpA's and Silfab Ontario's President and CEO Franco Traverso. "Our decision to dedicate part of our production to OEM supply contracts is meant to address the needs of all those companies that - just like us - welcome Ontario Government's efforts to spearhead the Province's renewable energy industry but are unlikely to commit to the investment on a local manufacturing facility."

The new fully automated manufacturing facility, operated by about 200 Canadian skilled workers (at plant full capacity) and equipped with the most advanced technologies, will be part of Silfab's network of strategic synergies with global partners and shareholders Pan Asia Solar Ltd. (PAS) and Sino-American Silicon Products Inc. (SAS). Thanks to these partnerships, Silfab Ontario will have access to a secure supply chain that not only will guarantee consistent availability of raw material throughout the production period - including high-performing ingots, wafers, and cells - but will also enable the new Canadian company to be one of the few companies to offer competitive products at a secure locked price.

"We are now expecting to install the first production line within the next few months," commented Traverso - early this Fall we will proceed with the training of the first 70 workers with the assistance of our Croatian partner, Solaris d.o.o., a solar module manufacturing company which I founded 10 years ago," added Traverso.

Silfab solar modules will be produced with 60 and 72 high-efficiency mono and multi crystalline cells, with a power up to 300 Wp, suitable for both rooftop and ground-mounted applications. Silfab modules have already received UL and ULC certification by the Canadian Standards Association (CSA) and have been tested to withstand extreme weather conditions, such as 25 mm hailstones traveling at 83 km/hour, temperatures down to -40°C (-40°F), and wind loading up to 130 km/hour.

Although Silfab Ontario's core business will focus on solar modules manufacturing, the company has also been licensed to assemble and distribute in Canada and the U.S. Italian designed mono-axial sun tracking systems offered via a partnership with ESPE S.p.A. The technology has been proven in over 70 MW of PV plants across Europe and has demonstrated increased solar farms productivity by 25 to 30 percent in comparison to fixed PV systems.

SILFAB ONTARIO INC.
A subsidiary of vertically-integrated solar provider Silfab SpA, Silfab Ontario Inc. is a Canada-based company with headquarters in Mississauga, Ontario. In summer 2010, the company opened a sales office and secured a 100,000+ square feet facility to house a new 180 MW solar module manufacturing plant which will start production in early 2011. Fully-automated and operated by 200 skilled workers (at plant full capacity), the new plant will manufacture mono and multi-crystalline high-efficiency PV modules with a power up to 300 Wp, suited for both rooftop and ground-mounted applications. Part of the production will also be devoted to PV module OEM manufacturing on behalf of solar companies seeking to enter the Ontario market. Silfab Ontario Inc. has also been licensed to assemble and distribute in Canada and the U.S. Italian designed mono-axial sun tracking systems offered via a partnership with ESPE S.p.A.

SILFAB S.P.A
Headquartered in Padova, Italy, Silfab S.p.A is a leading vertically integrated provider of PV products and services globally. With activities spanning manufacturing, consulting and energy generation, the company seeks to further the advancement of photovoltaic energy through employing cutting-edge technologies. The company's founders have extensive experience in the PV industry and have partnered with industry-leading engineering firms and equipment providers to establish a team with knowledge and demonstrated success across the entire photovoltaic value chain. Its founding partners include Franco Traverso, an Italian pioneer in the solar energy industry, Pan Asia Solar Ltd., whose principals co-founded some of the most successful listed PV businesses, including the subsidiary solar cell manufacturer Sunrise Global Solar Energy, and Sino- American-Silicon Products Inc., a stock-market listed provider of premium silicon wafers to the photovoltaic and semiconductor industries. Silfab is currently building a 100 MW pipeline of 1-5 MW PV plants in Italy and Central Europe. The company has also launched three new series of high-performing PV mono and multi-crystalline modules. Silfab's headquarters are based in Padova (Italy) and New York.

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SILFAB SpA
Via Medoaco 4 - 35135 Padova, Italy - Tel. +39 049 9431374 - www.silfab.eu - info@silfab.eu

SILFAB ONTARIO Inc.
240 Courtney Parkdrive Est (at Courtneypark Drive & Highway 10) - Mississauga, ON L5T 2S5 (Canada) - sales.ontario@silfab.eu - info.ontario@silfab.eu
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