Westinghouse Solar Inc ( NASDAQ: WEST ) introduce AC Solar Power System, Stock jumped 18 %



Westinghouse Solar Inc ( NASDAQ: WEST ) to Introduce AC Solar Power System at Intersolar Europe, Stock jumped more than  18 %. Volumes are quiet strong and up move might sustain.

Our call: Small Buy positions for intraday trade only, not for investment.

Below is the Press release: 

Westinghouse Solar Inc
CAMPBELL, Calif., June 1, 2011 (GLOBE NEWSWIRE) -- Westinghouse Solar, Inc. (Nasdaq:WEST), a designer and manufacturer of solar power systems, announced that it will be exhibiting at booth number A3-220 during the upcoming Intersolar 2011 trade show on June 8-10, 2011 in Munich, Germany. Westinghouse Solar will exhibit their latest Plug-and-Play AC module as well as their DC system for commercial systems.





"We are excited to be unveiling the industry's first fully integrated AC solar panel into Europe, the world's largest solar market," said Barry Cinnamon, CEO of Westinghouse Solar. "Panel prices have declined to the point at which direct and indirect labor expenses are now the largest single component of system costs. With integrated racking, wiring and grounding, Westinghouse Solar Power Systems eliminate 80% of the field assembly components and save 50% of the labor compared to ordinary solar power systems, thereby providing greater margin opportunity to rooftop system installers."

Westinghouse Solar's 235 watt AC panel features a second-generation integrated frame, as well as features that enhance the panel's reliability and ease of installation. For commercial rooftops, Westinghouse Solar will be showing its lightweight, non-penetrating flat roof solar power system that is also based on a large-format 235 watt panel. Westinghouse Solar currently sells its integrated solar panels to a 300-strong network of dealers and installers in North America. The company's new 235 watt AC and DC panels are expected to begin shipping to customers this summer at attractive price points.

Parties interested in additional information or to meet with the company at this event should contact Gary Mull at 408.402.9478 or gmull@westinghousesolar.com.

About Westinghouse Solar: (Nasdaq:WEST)

Westinghouse Solar is a designer and manufacturer of solar power systems. In 2007, Westinghouse Solar pioneered the concept of integrating the racking, wiring and grounding directly into the solar panel. This revolutionary solar panel, originally branded "Andalay", quickly won industry acclaim. In 2009, the company again broke new ground with the first integrated AC solar panel, reducing the number of components for a rooftop solar installation by approximately 80 percent and lowering labor costs by approximately 50 percent. This first AC panel, which won the 2009 Popular Mechanics Breakthrough Award, has become the industry's most widely installed AC solar panel. Award-winning Westinghouse Solar Power Systems provide the best combination of safety, performance and reliability, while backed by the proven quality of the Westinghouse name. For more information on Westinghouse Solar, visit www.westinghousesolar.com.
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