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March 27, 2015 2:15 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Stion Corporation

Company Overview

Stion Corporation manufactures and distributes thin-film solar panels. Its products are used in residential, commercial/government, utility, and off grid applications. The company sells products through a network of authorized dealers, including installers, project developers, dealers, and system integrators in the United States and internationally. Stion Corporation was formerly known as NStructures, Inc. The company was founded in 2006 and is based in San Jose, California with a manufacturing facility in Hattiesburg, Mississippi.

6321 San Ignacio Avenue

San Jose, CA 95119

United States

Founded in 2006

Phone:

408-284-7200

Fax:

408-574-0160

Key Executives for Stion Corporation

Chief Executive Officer and President
Co-Founder, Chief Technology Officer and Senior Vice President of Technology
Senior Director of Business Development
Vice President of Research & Development
Vice President of Manufacturing
Age: 59
Compensation as of Fiscal Year 2014.

Stion Corporation Key Developments

Stion Completes Supply of 3MW DC of Solar Modules to Inman Solar for Projects Around the State of Georgia

Stion announced that it has completed supply of 3MW DC of solar modules to Inman Solar for projects around the state of Georgia. Stion was able to offer high-quality solar modules that provide superior energy generation performance, relative to competing technologies. All three solar projects were made possible by the Georgia Power Advanced Solar Initiative (GPASI) and will be owned and operated by Washington Gas Energy Systems. The design consists of 1MW of Stion Elevation solar modules connected to transformerless inverters. The power plants provide clean energy harnessed from the sun and deliver economic value to the surrounding community.

Stion Corporation Announces Release and Certification of the Elevation 4 Module Line

Stion Corporation, announced the release and certification of the Elevation 4 module line which delivers up to 10% more energy than conventional crystalline silicon modules with the same power rating. This module line is currently available in variants ranging from 135 Watts to 155 Watts in 5 Watt increments. Stion's Elevation 4 modules are certified to the ANSI/UL 1703, IEC 61730 and IEC 61646 standards. Through innovative product enhancements, the Elevation 4 module provides exceptional energy yield due to an anti-reflective coated glass and temperature coefficient of -0.26%/(o) C. Stion modules energy generation density (kWh/ft(2)) over conventional silicon based modules and consistently outperform crystalline silicon modules in side-by-side tests around the world. The Elevation 4 module utilizes Stion's proprietary Circuit Protection System (CPS)(TM) which provides significantly improved moisture resistance and lifetime durability over crystalline silicon modules. Stion modules are resistant to potential induced degradation, light-induced degradation, and provide a durable solution engineered to survive in harsh environments and out-perform in non-ideal situations.

Stion Announces Completion of 255 Kilowatt, Single-Axis Tracking Solar Project for the Kern Sanitation Authority

Stion announced that it has completed a 255 Kilowatt (kW), single-axis tracking solar project at the Kern Sanitation Authority (KSA) Waste Water Treatment Plant in Bakersfield, California. Stion's Project Development team was selected by the KSA to provide turn-key development and installation services for the project which was successfully commissioned during the first quarter of 2014. The solar installation will offset a significant portion of the electricity used by KSA to power their water treatment plant, and represents another commitment of the adoption of solar technology by municipal governments.

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