Aruba Partners with BYD in Zero-Emissions Initiative, Energy Independence by 2020

  Aruba Partners with BYD in Zero-Emissions Initiative, Energy Independence by
  2020

BYD to Supply Grid-Scale Energy Storage, Solar and Electrified Transportation
                                  Solutions

Business Wire

ORANJESTAD, Aruba -- June 11, 2013

Today, Aruba’s Prime Minister Mike G. Eman, Minister of Finance, Mike de Meza,
and Mr. Frank Hoevertsz, the Managing-Director of Utilities Aruba N.V. signed
a memorandum of understanding (MOU) with BYD Company Limited, BYD America’s
President, Ms. Stella Li. The MOU outlines Aruba’s plans to be the first
Nation with a completely zero-carbon footprint and energy independence (with
only clean sustainable renewable power sources). The four major objectives in
the MOU included electrifying all public transportation (with zero- emissions
vehicles), substantially increasing renewable energy generation (both solar
and wind), making those resource dispatchable upon demand with distributed,
environmentally-friendly, energy storage and lastly a nation-wide plan for
public re-education and sustainability programs in all schools. Through each
of these, Aruba plans to use BYD green-technologies to pursue its goal of
becoming an emissions-free Nation by the year 2020.

Prime Minister Eman welcomed Stella Li to beautiful Aruba and led the ceremony
by stating, “We are excited about the MOU we are signing. This document
signifies both parties interests and commitment to work together to introduce
electric vehicles and green products in Aruba. In our transition phase towards
100% sustainability, BYD will support Aruba demonstrating how to convert all
our vehicles, including cars, buses, taxis and all private and public vehicles
into electrified transportation.” The first and most important of all these
initiatives is the electrification of public transportation. Aruba plans to
place into service four BYD zero-emission, long-range all-electric buses and
one BYD e6 electric taxi comprising a fleet for public/government use by
September-end 2013. Energy generation and storage are the next areas of
development that Aruba has committed to pursuing. The nation has plans to
double their wind farms and make these farms self-sustaining and dispatchable
using BYD’s Iron-Phosphate grid-scale storage technologies. Leveraging these
same battery Energy Storage Stations, they will also deploy new, large-scale
stand-alone BYD Solar generation projects throughout the island. Ms. Li
remarked that, “BYD Company was completely impressed by the vision of the
government leaders of Aruba and fully supported Aruba becoming the first
completely sustainable Nation in the World.”

The third objective in Aruba’s plan uses BYD LED technology to reduce
electricity consumption and build up vital communities through education and
infrastructural improvements. Aruba will convert much of their public lighting
to high-efficiency BYD LED Street and Indoor Lighting Solutions. Further,
there are plans to electrify all of its schools using rooftop solar
installations and build education programs around sustainability programs. The
nation intends to use BYD solar generation, external and internal LED lighting
systems, and electric vehicles to develop its “smart community” project in
Kibaima. The Kibaima project, conceived in 2012, has operated as an exemplar
and “laboratory” for sustainability ventures throughout the nation. Minister
de Meza elaborated on the prime minister’s comments by stating that, “Aruba is
honored to work together with BYD. In the light of BYD’s broad portfolio of
green technologies, especially in renewable energy and storage, Aruba is very
happy to partner with you. We have a vision and a plan to have 100%
sustainable energy by 2020. There are only seven years left.” Minister de Meza
also explained to Mrs. Li that, “Aruba is already working with renowned
institutions like the Carbon War Room, TNO, among others. But with today’s
MOU, BYD has become part of the Aruba green family.”

Ms. Li told the prime ministers Eman and de Meza that "they both have amazing
visions for their country and BYD has the technology to help them realize
their dreams — we are one of the largest solar panel providers in the world
with ample experience and we are the largest environmentally-friendly, energy
storage provider in the world!" In reaching each of these goals, Aruba aims to
lead the world in carbon footprint reductions and be a catalyst and example to
the other Caribbean and Latin American Nations. For more information, visit
BYD at www.facebook.com/bydcompany and www.byd.com.

About BYD

BYD is ranked #1 at the top of Bloomberg’s and BusinessWeek's 2009 Tech 100
List and is the leading manufacturer of advanced, environmentally-friendly
battery technologies like the BYD’s Iron Phosphate battery used in BYD
electric vehicles and electric busses. BYD’s solar panels and LED Lighting
systems have CEC, TUV/CE and UL listings, and the company enjoys rapid growth
in consumer electronics space and electrified transportation sector
manufacturing under its BYD brand. BYD is the fastest-growing Chinese
automotive and green energy technology enterprise. The Company trades on the
Hong Kong Exchange (HKE) under the ticker numbers (HK.0285 – BYD Electronics)
and (HK.1211 – BYD Company Ltd.), as well as on the Shenzhen Stock Exchange
under the ticker number (002594 - BYD Company Ltd.). For more information,
visit www.byd.com, www.facebook.com/bydcompany or email pr@byd.com.

Contact:

In CHINA:
Sherry Li, BYD
pr@byd.com
tel: +86-755-8988-8888
or
In US:
Micheal Austin, BYD
micheal.austin@byd.com
tel: +1-800-BYD-AUTO
 
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