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Leclanché and Talesun Solar to Enter Collaboration to Provide a Combined Solution for Solar Power Generation and Energy Storage

published: 2011-12-26 16:03

Leclanché S.A. (SIX Swiss Exchange : LECN), specialized in the production of large-format lithium ion cells and energy storage solutions, announced its intention to collaborate with Talesun Solar, a Chinese manufacturer of high quality solar cells and modules to jointly provide a combined solution for the efficient generation and storage of solar energy. A first project has been identified in Southern Europe for 2012 while market opportunities shall also be developed in China and Asia.

„After having recently installed a state of the art one GW (2 GW by end 2012) plant for the production of solar panels we noticed an increased demand for storage solutions as well. A competitive price of solar cells combined with energy storage will enables our customers to increase their self-consumption at a competitive price. The demand for such solutions is growing not only in Europe but also in Asia,“ commented Arthur Chien, CEO of Talesun Solar.

„An efficient use of volatile solar energy requires an adequate storage solution. The intended cooperation with Talesun Solar, a recognized Chinese producer of solar panels, enables us to serve the growing market for renewable energies with a comprehensive solution in a number of markets but in particular in Asia and China, Talesun’s home market,“ said Dr. Ulrich Ehmes, CEO of Leclanché.

The company plans, as decided at its Extraordinary shareholders meeting of November 8, 2011, to raise new capital, early 2012.

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