Thursday, August 14, 2008

Etrion Announces Strategic Alliance In Japan

GENEVA, SWITZERLAND-(MARKETWIRED - 07 JANUARY 2014) - Etrion Company ("Etrion") (TSX:ETX)(OMX:ETX), an dispersed solar power producer, announced at the present time a enter union as a consequence Hitachi High-Technologies Company ("HHT") (TSE:8036), a minion of Hitachi, Ltd., for growth, financing, build, championship and benefit from of power flora solar scale in Japan.

Japan is one of the world's main solar photovoltaic ("PV") produce at the present time as a consequence especially than 15 gigawatts of installed extent "(GW deel)." A chance is very asleep handling as a consequence an lovely program solar power ("FiT") return and low financing power. The Japanese Supremacy has instituted a critical rule to profit the use of renewable energy sources in the energy matrix of Japan in lay down to damp the habit of the country's nuclear energy. The Supremacy plans to profit the scale of renewable energy as a rank of the answer energy transfer of 10% in 2011 to 25-35% in 2030. Japan has a place of origin make an objection of 28 GW of solar power by 2020. In lay down to live the generation of solar power, Japan has implemented an lovely coagulate 20-year program of 40 yen per kWh (US 0.38 per kWh for projects solid by Dissent 31, 2013,) and yen 36 per kWh (US 0.34 per kWh) for insured projects in the manner of court. The Supremacy has extremely announced around other symbols activities, as well as dictatorial lessening, monetary incentives and reforms of the energy put up.

Etrion and HHT create signed a growth go along with and create been functioning solidly as a group for especially than one court to form a joint growth social gathering. The Neatness is lush a tweet that is usual to extend at lowest amount 100 megawatt ridge ("MWp") of solar energy in council house generation services or park to dig in Japan for the court 2015. Both parties create been administration key functions crucial to run successful projects, such as native soil on cloud nine, contact as a consequence utilities and banks, work, procurement and build, non-recourse financing, as nourishing as operations, grant and good worth influence air force. Etrion and HHT endeavor to initiate build of the earliest solar power plant in 2014.

Marco A. Northland, Pompous Ejecutivo de Etrion, commented: "we are expanding the range of associates to purpose Etrion as a international plunk for emerge. Etrion is venerated to companion as a consequence Hitachi Hi-Tech and sees this as a firm key to accomplishment in Japan and other Asian markets. We are notoriously grateful as a consequence our shove to envisage, and we long to put up the earliest projects shortly."

More or less HITACHI HIGH-TECHNOLOGIES


Hitachi High-Technologies Company, headquartered in Tokyo, Japan, is affianced in the actions in a sizeable range of fields, as well as electronics systems, nourishing technology systems, science & medical, Money-making & systems and clever business products. Consolidated sales of the organization for monetary court 2012 were especially than 6.1 billion. For especially information, numerous international www.hitachi-hitec.com/

More or less ETRION


Etrion Company is an dispersed energy producer "(IPP) that constructs, owns and operates utility-scale solar power generation flora." Etrion has 17 solar power flora in Italy as a consequence present 60 MW of installed extent. The Italians operations foment especially than 40 million of annual report revisit ahead of time entail, excise, lineage and amortization "(EBITDA). Etrion is extremely lush solar energy from greenfield projects in Chile and Japan. Etrion is timetabled on the stock go back and forth in Toronto in Canada and the NASDAQ OMX Stockholm in Sweden Stock Loose change asleep the symbol "ETX". The Etrion's main shareholder is the Lundin house, which owns give or take a few 25% of Etrion shares as it should be and eat varied trusts. Give up information is leaving at: www.etrion.com.

Note: A megawatt ridge (MWp) = 1,000,000 watts ridge. A Watt Peak, the crowd recycled to rank the acting out of photovoltaic collectors, order announce 1 watt of electricity asleep emblematic milieu of 1000 watts of light per playing field device and an ambient section of 25^0 C.

Progressive information:


This bundle relax contains one "sophisticated" information wearing the implication of authenticate Canadian securities laws. All statements tavern statements of precedent memo, that the actions of succession, events or developments that Etrion Company (the "organization") believes, expects or anticipates order or may come about in the far away (as well as, deficient regulation, statements relating to plans of the Japanese Supremacy to profit the transfer of energy from renewable sources and the timing and flexibility of new solar projects straight that it order be full-blown by the organization and HHT) put together well along information. This well along information reflects submit expectations or education of the organization based on information at the moment leaving to the organization, as nourishing as certain assumptions as well as, deficient regulation, the success of the organization to place and take another renewable energy projects and financial assistance in fruitful lexis. Be sure about should not be placed on well along information. Progressive information is inclined to a be incorporated of risks and worries and other factors that may present the company's biological consequences to differ materially from inhabitants expressed in the information far away, and though such biological consequences are realized or kindly realized counts, introduce can be no guarantees that they order create the implication usual to, or clothes on the organization. Factors that might present biological consequences or events to differ materially from submit expectations camouflage, but are not half-done to, the chance that the Japanese Supremacy may alter its goals for the emerge of the production of renewable energy, the chance that the organization may not be able to be knowledgeable about or get of renewable energy in the usual stride devise projects, worries as a consequence hunt to the delivery or the synchronization of all authenticate permits for the growth of these projects and the chance that the organization may not be able to swallow financial assistance in fruitful lexis.

Orders far away words decently the envisage which is made and, tavern as it may be required by authenticate securities laws, the organization disclaims any end or prerequisite to revision any information in the far away, whether as a eject of new information, far away events, or consequences or ahead of. Although the organization believes that the assumptions embedded in the well along information are reasonable, well along information is not a guarantee of far away consequences and so excessive habit should not be placed in such information due to the embedded lack of faith therein.

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