Tempe, March 29, 2011, Two of North America's premier solar companies -- First Solar Inc. (Nasdaq: FSLR) and juwi solar Inc. -- are co-sponsoring a U.S. amateur road cycling team in an effort to promote awareness for sustainable solar energy in communities throughout the country.
Based in Boulder, Colo., the juwi / First Solar Cycling Team is comprised of 10 elite cyclists, including two-time national champion Michael Olheiser. Team members will participate in racing events from New York to California, including the Redlands Bicycle Classic on March 31-April 3. The race will take place not far from First Solar's proposed Stateline and Desert Sunlight solar projects. The combined capacity of the solar projects will be 850 megawatts, enough electricity to power approximately 250,000 homes, displacing approximately 465,000 metric tons of CO2 annually, the equivalent of removing 92,000 cars from the road.
"First Solar is committed to sustainable energy solutions that promote a clean, emission-free environment and is proud to partner with juwi on this sponsorship opportunity," said First Solar's Components Business Group President TK Kallenbach. "The juwi / First Solar Cycling Team is powered by pure human energy -- an excellent example of hard work and the competitive spirit."
"juwi is excited to team up withFirst Solar to sponsor the juwi / First Solar Cycling Team,'" said Michael Martin, CEO of juwi solar Inc. "We are honored to support such talented cyclists who promote not only healthful living, but also supply a clean and renewable self-powered source of energy."
Source: First Solar