The U.S. Department of Energy Awards Dow Solar $12.8 Million to Develop Next Generation Breakthrough Building Integrated Photovoltaics

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MIDLAND, Mich.–(BUSINESS WIRE)–
As partial of a U.S. Department of Energy’s SunShot initiative, Dow
Solar, a business section of The Dow Chemical Company (NYSE:DOW – News), has been
awarded a $12.8 million, 3-year extend to account a module to dramatically
revoke a cost of building integrated (BIPV) solar products. The
program’s idea is to safeguard that solar appetite is a viable source for the
nation’s appetite needs and mercantile growth, and accelerate widespread
solar adoption. The DOE extend will assistance account a $22.4 million program
that brings together leaders from opposite a whole solar value chain,
including solar solutions providers, inhabitant laboratories,
universities, heading wiring companies and inhabitant home builders
to emanate a new solar record that reduces sum designation costs
and yield reliable, low-cost solar appetite to residential consumers.

“We are assured that a Department of Energy’s support of our
offer to use a holistic proceed targeting all pivotal points along the
solar appetite value sequence will capacitate transformational complement cost
rebate for BIPV. This module has a intensity to make renewable
solar appetite most some-more cost effective and significantly increase
adoption rates.” pronounced Dave Parrillo, Director of Research Development,
Dow Solar. “There is extensive intensity to boost a function of
BIPV by incorporating solar functionality directly into a building
material. The DOE extend provides essential appropriation to serve reduce
barriers in solar adoption by focusing on a whole value chain.”

In response to a DOE’s Funding Opportunity Announcement, “Extreme
Balance of System Hardware Cost Reductions,” Dow Solar fabricated an
rare group of partners including Alta Devices, Inc., DR Horton,
Inc., Purdue University, Underwriters Laboratories, Inc., Phobos Energy,
Emerson Network Power, The Center for Advanced Life Cycle Engineering,
ConSol, National Renewable Energy Laboratory, The National Roofing
Contractors Association and Oak Ridge National Laboratory in sequence to
grasp a objectives of a due project. Dow partnered with these
groups to form a breakthrough proceed to assembly a plea of
pushing a sum cost of solar appetite down.

Dow Solar’s “Transformational Approach to Reducing a Total System
Costs of Building Integrated Photovoltaics” module provides sustainable
and innovative solutions that will rise new materials and designs to
capacitate a formation of lightweight and strong BIPV shingles. Dow
Solar calculates a BIPV complement will significantly revoke a installed
cost to accommodate a DOE aim of $2/W but subsidies. The combination
of extended affordability, aesthetics and trustworthiness will drive
consumer adoption of solar record while also formulating thousands of
U.S. jobs.

Dow already creates it easier than ever to strap a appetite of a sun
with unsentimental solutions such as a Dow POWERHOUSE ™ Solar Shingles
rising after this year. Created to residence unmet marketplace needs, these
BIPV solar shingles are appealing and are easy to implement and maintain,
and approaching to emanate over 1275 proceed jobs over a subsequent 5 years.

“I praise a DOE for their concentration on pushing residential energy
solutions, and looking to partner with businesses who share this
passion,” pronounced Jane Palmieri, Vice President, Dow Solar. “This project
is a good instance of an innovative proceed to combine with
partners opposite a whole value sequence to accommodate inhabitant solar and clean
appetite goals.”

For some-more information on a Department of Energy, greatfully revisit http://energy.gov/articles/department-energy-awards-more-145-million-advanced-solar-technologies,
and for some-more information on Dow Solar greatfully revisit http://www.dowsolar.com/.

About Dow

Dow (NYSE:DOW – News) combines a appetite of scholarship and record with the
“Human Element” to sexually innovate what is essential to human
progress. The Company connects chemistry and creation with the
beliefs of sustainability to assistance residence many of a world’s most
severe problems such as a need for purify water, renewable energy
era and conservation, and augmenting rural productivity.
Dow’s diversified industry-leading portfolio of specialty chemical,
modernized materials, agrosciences and plastics businesses delivers a
extended operation of technology-based products and solutions to business in
approximately 160 countries and in high expansion sectors such as
electronics, water, energy, coatings and agriculture. In 2010, Dow had
annual sales of $53.7 billion and employed approximately 50,000 people
worldwide. The Company’s some-more than 5,000 products are made at
188 sites in 35 countries opposite a globe. References to “Dow” or the
“Company” meant The Dow Chemical Company and a consolidated
subsidiaries unless differently specifically noted. More information about
Dow can be found during www.dow.com.

About Dow™ POWERHOUSE™

In 2007, Dow perceived a $20 million extend from a U.S. Department of
Energy as partial of a Solar America Initiative to rise “building
integrated” solar arrays for a residential and blurb markets. In
Oct 2009, Dow Solar denounced a DOW™ POWERHOUSE™ Solar Shingle as
a initial in a portfolio of building associated solar appetite generating
products. Since a introduction, a Solar Shingle has been hailed as
revolutionary, including being named one of a “50 Best Inventions of
2009″ by TIME magazine.

The innovative product pattern provides an rare integrated roof
coming and simplified installation. It combines a thatch shingle
with a solar cell, enabling a DOW™ POWERHOUSE™ Solar Shingle to be
commissioned by a roofer along with customary pavement thatch materials.
This creates a DOW™ POWERHOUSE™ Solar Shingle an easy choice for
homeowners looking for a residential solar resolution that is easy to
implement and aesthetically pleasing. Building Integrated Photovoltaic
(BIPV) products from Dow Solar are justification that Dow is focused on
building appetite alternatives and expanding Dow’s joining to use
chemistry to solve a world’s appetite challenges. More information about
Dow Solar can be found during www.dowsolar.com.

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