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Soliant Executives Showcase Innovative Grid-Parity Solar Technology

Soliant Energy (formerly Practical Instruments), a provider of solar panels optimized for commercial rooftops, Sunday hosted an informational session for US Congressman Adam Schiff. During the visit Rep. Schiff, a member of the House Appropriations and Judiciary Committees, announced his support for federal legislation (H.R.550) that will extend national incentives for solar power until the year 2017.

"I was extremely impressed with the technology being produced by Soliant Energy," said Congressman Schiff. "Energy is the cross-cutting issue of all time: it's a national security issue, its an environmental issue, it's a health issue, it's an economic issue - and I think firms like Soliant are a big part of the answer."

Congressman Schiff congratulated Soliant executives on their recent success in winning the US Department of Energy's Solar America Initiative (SAI) award. During the presentation of the award in March, Dr. Raymond Orbach, DOE's Under Secretary for Science, announced that the DOE's SAI grant and its recipients "will help lower the cost of electricity from photovoltaics to a price that is cost-competitive in markets nationwide." He went on to explain how funding will enable the widespread deployment of Soliant's technology.

Former NASA JPL Chief Architect, now Soliant founder and CTO, Brad Hines said, "The SAI award was recognition that we are a leader in the US of the new 3rd generation of solar technology. This validates our technology plan to have a grid equivalent cost of $.06 per kilowatt hour for the consumer, without incentives, in three years. In industry terms this means well under $1.50 per watt."

"Congress has an important role to play by creating incentives for this technology," noted Congressman Schiff. "As the technologies improve, the price point gets better and better." About

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