Geneva, Switzerland (Vocus) April 7, 2010
DuPont will provide innovations in photovoltaic modules and high-performance marine coatings to PlanetSolar, the largest solar boat ever built. PlanetSolar is a 31 meter-long and 15 meter-wide catamaran covered by 500 square meters of photovoltaic solar panels that will power an electric motor. In 2011, the boat will undertake the first world tour powered by solar energy -- demonstrating that renewable energy and technology can be applied today to achieve sustainable transportation.
“Using technology and our knowledge to improve our energy efficiency and promote renewable energies is the path toward a lasting world. PlanetSolar wants to show that solutions exist,” said Raphael Domjan, founder and skipper of the project.
“PlanetSolar is more than a solar boat. It is the very concrete demonstration of how science and technology can transform the sun’s potential into clean energy. This project showcases solutions that help raise mainstream awareness of sustainable alternatives in the transportation industry. We are very proud to be part of this project,” said Ian Hudson, president -- DuPont Europe, Middle East & Africa.
The photovoltaic modules used to power the boat are exposed to a harsh marine environment. The full range of materials that make up these solar modules must be highly durable. For example, DuPont™ Tedlar® polyvinyl fluoride (PVF) film, used as a component of the photovoltaic backsheet, is a key material that protects the PlanetSolar modules and ensures reliable power generation during the cruise.
The generation and storage of renewable energy is expected to be the fastest growing sector in the energy market for the next 20 years. DuPont global sales target in the photovoltaic sector are planned to exceed $1 billion by 2012. DuPont Photovoltaic Solutions is the leading technology supplier to the photovoltaic industry, with more than 25 years of experience in photovoltaic materials development, and a broad and growing portfolio of materials and technology solutions designed to work together to increase the efficiency and lifetime of photovoltaic modules.
PlanetSolar's 1,300 square meter external surface and the whole interior area including the cockpit have been painted with high-performance DuPont Marine materials coatings. The cockpit was painted with DuPont ™ PercoTop® 449, a topcoat system, while the external structure was painted with DuPont ™ Imron® Marine, which is designed to deliver excellent appearance, durability and eye-catching color. These coatings are specifically developed for marine conditions. UV resistant and extremely durable coatings are essential for the long-lasting performance of the boat.
DuPont – one of the first companies to publicly establish environmental goals 20 years ago – has broadened its sustainability commitments beyond internal footprint reduction to include market-driven targets for both revenue and research and development investment. The goals are tied directly to business growth, specifically to the development of safer and environmentally improved new products for key global markets.
DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
Forward-Looking Statements: This news release contains forward-looking statements based on management’s current expectations, estimates and projections. The company does not undertake to update any forward-looking statements as a result of future developments or new information. All statements that address expectations or projections about the future, including statements about the company’s strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like “expects,” “anticipates,” “plans,” “intends,” “projects,” “indicates,” and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in DuPont’s filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions of countries in which the company does business; competitive pressures; successful integration of structural changes, including acquisitions, divestitures and alliances; research and development of new products, including regulatory approval and market acceptance, and seasonality of sales of agricultural products.
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