Press Releases 2007

Solar Integrated Announces £14m Financing And Significant Balance Sheet Repositioning;
Announces Trading Update

London, UK, and Los Angeles, California, December 20, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has raised £14.0 million (£13.2 million or US $26.4 million after cash expenses) by the issue of 16,470,588 new Common Shares at a price of 85p per share, representing a discount of 1.7% to the closing mid-market price on 19 December 2007.  

 

Solar Integrated Wins U.S. $70 Million Contract In Italy

London, UK and Los Angeles, California, December 20, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won a supply contract in Italy for more than U.S. $70 million.

 

Solar Integrated Wins U.S. $4.3 Million Order for Solar Roofing Project in Spain

London, UK and Los Angeles, California, December 11, 2007 – SIT, announced today that it has won an order for U.S. $4.3 million to supply BIPV roofing systems to be installed on a new industrial complex in Girona, Spain. 

 

Solar Integrated Wins U.S. $6.6 Million Order For Largest Solar Roofing Project In France

London, UK and Los Angeles, California, November 15, 2007 – SIT, a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won a U.S. $6.6 million order for a BIPV roofing system to be owned and operated by Akuo Energy, a rewewable energy project developer.  The BIPV system will be installed at a logistics facility currently under construction in Southern France. 

 

Solar Integrated Announces Production Ramp
And Key Management Hire

London, UK and Los Angeles, California, November 8, 2007 – SIT, announced today that it has successfully ramped its manufacturing operation to a 24-hours-a-day, 5-days-a-week operation.

 

Solar Integrated Enjoys Continued Success Selling Into U.S. Federal Government Projects
– Wins Three More Deals Totaling U.S. $2.6 Million –

London, UK and Los Angeles, California, November 6, 2007 – SIT, announced today that it has been awarded three new contracts to supply and install innovative BIPV roofing systems for three separate U.S. federal government projects. 

 

Solar Integrated Appoints Ernst & Young As New Auditor

London, UK and Los Angeles, California, October 23, 2007 – SIT, announced today that it has appointed Ernst & Young LLP as its new independent auditor. 

 

Solar Integrated Wins Project For Audi Logistics Centre

London, UK, and Los Angeles, California, October 16, 2007 – SIT, announced today that it has won an order for a BIPV roofing system to be installed at the Audi Logistics Centre, or “GVZ” as it is commonly known, at AUDI AG’s Ingolstadt, Germany plant.  The US $1.5 million order is expected to be completed in 2007.

 

Solar Integrated Taps Belgium Solar Roofing Market For Two More Orders Totaling US $3.4 Million

London, UK, and Los Angeles, California, October 10, 2007 – SIT, announced today that it has won two orders for BIPV roofing systems aggregating US $3.4 million for customers in Belgium.  The projects are expected to be completed in 2007.

 

SOLAR INTEGRATED REPORTS 2007 FIRST HALF RESULTS

London, UK and Los Angeles, California, September 11, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today its unaudited financial results for the six months ended June 30, 2007 and highlights of recent corporate activities.  Unless otherwise noted, all amounts are reported in U.S. dollars and in accordance with U.S. GAAP.  This press release contains some non-GAAP financial information.

 

SOLAR INTEGRATED WINS THREE SPANISH ORDERS FOR US $1.7 MILLION, INCLUDING TWO ADDITIONAL ORDERS FOR UNIBAIL-RODAMCO SHOPPING CENTERS
Brings Total 2007 Orders for Unibail-Rodamco Shopping Centers to Four

London, UK, and Los Angeles, California, August 15, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), announced today that it has won three new orders from Master Renovables, a Spanish engineering firm and solar integrator, aggregating $1.7 million.

 

SOLAR INTEGRATED ANNOUNCES FOUR NEW SAN DIEGO SCHOOL
SOLAR PROJECTS WITH UPC SOLAR FOR 550 KW
Total Revenue Year to Date Approaches $30 Million

London, UK, and Los Angeles, California, July 27, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), announced today that it has closed four new San Diego Unified School District solar power projects with UPC Solar, a developer of solar energy projects in the United States.

 

SOLAR INTEGRATED WINS ORDERS FROM OPCIÓNDOS FOR TWO UNIBAIL-RODAMCO SHOPPING CENTERS IN SPAIN

London, UK, and Los Angeles, California, July 26, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), announced today that it has won two orders from OpciónDos Energía Natural, S.L., a Spanish solar integrator, for the sale of BIPV roofing systems to be installed at two shopping centers owned by Rodamco Europe N.V., the largest owner-manager of retail properties in Europe.

 

SOLAR INTEGRATED WINS INITIAL ORDER FOR CARREFOUR GROUP

London, UK, and Los Angeles, California, July 24, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), announced today that it has won through its French partner Urbasolar a first order for a BIPV roofing system to be installed at a Carrefour Group distribution facility under construction in Nimes, France.

 

SOLAR INTEGRATED WINS FOLLOW-ON SOLAR ROOFING BUSINESS FOR ANOTHER HIGH SCHOOL IN CONNECTICUT

London, UK, and Los Angeles, California, July 19, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), announced today that it has won a follow-on contract from Silktown Roofing, Inc., a general roofing contractor based in Manchester, Connecticut, to supply and install a 275 kW BIPV roofing system at New Britain High School in New Britain, Connecticut.

 

SOLAR INTEGRATED CONTINUES EUROPEAN SALES EXPANSION

London, UK, and Los Angeles, California, July 18, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), announced today the completion of its first BIPV project under Belgium's new feed-in tariff program.  

 

SOLAR INTEGRATED GAINS MOMENTUM IN RETAIL SECTOR

London, UK, and Los Angeles, California, July 12, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), announced today that it has won its first order for a BIPV roofing system to be installed in Germany for one of the world's largest retail companies.  

 

SOLAR INTEGRATED PUBLISHES NOTICE OF ANNUAL GENERAL MEETING AND ANNOUNCES BOARD CHANGE

London, UK, and Los Angeles, California, July 5, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), announced today the publication of its Notice of Annual General Meeting of Shareholders and Proxy Circular convening the Annual General Meeting of Shareholders to be held at 10:00 a.m. (London time) on Friday, July 27th, 2007 at KBC Peel Hunt, 111 Old Broad St., 4th Floor, London, EC2N 1PH, United Kingdom.  

 

SOLAR INTEGRATED WINS US$3.3 MILLION ORDER FROM DACHLAND FOR TOYOTA GERMANY PROJECT

London, UK, and Los Angeles, California, July 2, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won a U.S.$3.3 million order from Dachland GmbH.  

 

SOLAR INTEGRATED COMPLETES $4.1M SALE OF TWO COCA-COLA PROJECTS TO UPC SOLAR

London, UK, and Los Angeles, California, June 29, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has completed the $4.1 million sale to UPC Solar, a developer of solar energy projects in the United States, of two new solar power projects that were designed and installed on the roofs of two Coca-Cola Bottling Company facilities in Orange and Montebello, California, using Solar Integrated s innovative BIPV system.  

 

SOLAR INTEGRATED PUBLISHES 2006 ANNUAL REPORT

London, UK, and Los Angeles, California, June 29, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today the publication of its 2006 Annual Report and Accounts for the year ended December 31, 2006.  

Solar Integrated’s Renewable Energy Management System Achieves CEC Certification

London, UK, and Los Angeles, California, June 12, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that its proprietary Renewable Energy Management (REM) software system has successfully achieved certification by the California Energy Commission for performance monitoring and metering. 

 

Solar Integrated Benefits From New French Feed-In Tariff | Download PDF

London, UK, and Los Angeles, California, June 1, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today the completion of its first BIPV project under France’s new feed-in tariff program. 

 

Solar Integrated Signs Preferred Supply Agreement With UPC Energy Management To Pursue Solar Project Development In Europe And Other Target Markets | Download PDF

London, UK, and Los Angeles, California, May 18, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has entered into a supply and cooperation agreement with UPC Energy Management, a developer of solar energy projects in Europe, the Middle East, North Africa and Asia.

Solar Integrated Wins U.S. $4.4 Million Roofing Follow-On Contract For Tesco USA Distribution Center
Total Project Now Worth $17.4 Million | Download PDF

London, UK, and Los Angeles, California, May 17, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a Los Angeles-based provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won a $4.4 million contract from The Facility Group, a totally integrated planning, design and construction firm, to install high-quality, energy-efficient roofing systems for three buildings at Tesco USA’s (known as Fresh & Easy Neighborhood Markets) distribution center, which is currently under construction in Riverside, California.

 

Solar Integrated Announces Founder Sale; $3.3 Million Paid To Company
To Retire Guarantee Of Receivable | Download PDF

London, UK, and Los Angeles, California, May 11, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today the sale by Bruce M. Khouri, a founder and non-executive director of the Company, of 5,000,000 common shares of Solar Integrated at £1.30 per share for aggregate gross proceeds of £6.5 million (approximately U.S. $12.8 million).

 

Solar Integrated Reports 2006 Financial Results And Provides Corporate Update | Download PDF

London, UK and Los Angeles, California, May 8, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today its financial results for the twelve months ended December 31, 2006 and highlights of recent corporate activities.  Unless otherwise noted, all amounts are reported in U.S. dollars.  This press release contains both GAAP and non-GAAP financial information.

 

Solar Integrated Launches Solar Carport Product;
Completes Initial 152 kW Project In Vacaville, California; Wins Additional Orders
Download PDF

London, UK, and Los Angeles, California, May 3, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today the launch of a new product offering – a carport integrated photovoltaic system, or solar carport, that provides shaded parking for vehicles while generating clean solar power.  The Company also announced the completion of its first solar carport project – 152kW of solar power on carports covering 186 parking spots at the Millennium SportsClub Vacaville in Vacaville, California.  The Company also announced that it has now secured additional orders for its solar carport product.

 

Solar Integrated Wins Solar Roofing Contract For Plainville High School In Connecticut
Download PDF

London, UK, and Los Angeles, California, April 26, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won a contract from Silktown Roofing, Inc., a general roofing contractor based in Manchester, Connecticut, to supply and install a 172 kW BIPV roofing system at Plainville High School in Plainville, Connecticut. 

 

Solar Integrated Signs Preferred Supply Agreement With UPC Solar To Pursue U.S. Solar Project Development Market | Download PDF

London, UK, and Los Angeles, California, April 25, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has entered into a preferred supply and cooperation agreement with UPC Solar Management, LLC, a developer of solar energy projects in the United States.

 

Solar Integrated Wins U.S. $10 Million Project; 2 MW Deal Marks First Italian Sale And First Ground-Mount System | Download PDF

London, UK, and Los Angeles, California, April 10, 2007 – Solar Integrated Technologies, Inc., a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won two contracts in Italy totaling U.S. $10 million to provide 2 MW of solar systems at two sites outside of Rome, Italy.  The project includes a ground-mount system and a BIPV system at the Malagrotta Landfill.

 

Solar Integrated Moving Ahead To Complete Tesco USA Project In 2007 | Download PDF

London, UK, and Los Angeles, California, April 10, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, confirmed today that it continues to expect to complete in 2007 its previously announced $13 million contract from Tesco, the fourth-largest retail chain in the world, for a 2 MW BIPV roofing system to be installed at Tesco USA’s (known as Fresh and Easy Neighborhood Markets) distribution center  in Riverside, California.

 

Solar Integrated Provides Results Guidance | Download PDF

London, UK, and Los Angeles, California, March 22, 2007 – Solar Integrated Technologies, Inc. (“Solar Integrated” or “the Company”), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it will publish its 2006 financial results on May 8th, 2007. 

 

Solar Integrated Wins Contract From Westfield For Solar Roofing System At Mainplace In Southern California | Download PDF

London, UK, and Los Angeles, California, March 21, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won a U.S.$1 million contract from Westfield Corporation, a leading shopping centre developer, to provide and install a BIPV roofing system at Westfield MainPlace in Santa Ana, California.

 

Solar Integrated Wins Contract For U.S. Navy Project; | Download PDF
Continued Penetration Into U.S. Federal Public Sector;
Solar Roofing System Boasts High Wind Rating

London, UK, and Los Angeles, California, March 15, 2007 – Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has won an important U.S. $1 million contract from SupplyCore, a supply chain management company, to supply and install a high-wind rated BIPV roofing system at a U.S. Navy base in the South Pacific.  The project is expected to be completed in 2007.

Solar Integrated Wins U.S. $13 Million Contract From Tesco USA to Install World's Largest Solar Roofing System | Download PDF

London, UK, and Los Angeles, California, January 19, 2007 – SIT, announced today that it has won a U.S.$13 million contract from Tesco, the fourth-largest retail chain in the world, for a 2 MW BIPV roofing system to be installed at Tesco USA’s distribution center under construction in Riverside, California.