“The solar electricity market is set to grow.  In 2005 the cumulative installed capacity of solar photovoltaic (PV) systems around the world passed the landmark figure of 5000MWp.  Global shipments of PV cells and modules have been growing at an average annual rate of more than 35% **for the past few years and we expectthat emerging photovoltaic markets such as China, India, and South Korea will become substantial beyond 2010 and will drive commoditization,” noted Carmelo Papa, Corporate Vice President and General Manager of ST’s Micro, Power, Analog Group.

“We believe that the combination of expertise offered by Delta, DelSolar, and ST, which spans the full chain from the raw silicon to the inverters and power supplies that deliver electrical energy to the users, will enable the development of more efficient technologies and products, thereby accelerating the wider use of solar energy,” said Mr. RC Liang, Senior Technology Advisor of Delta Group and CEO of DelSolar.

* Daiwa Institute of Research Sept 2006
** EPIA Sept 2006

About Delta Group
Delta Group is the world’s largest provider of switching power supplies and a major source for power management solutions, components, visual displays, industrial automation, networking products, and renewable energy. Established in 1971, Delta Group has sales offices worldwide and manufacturing plants in Taiwan, Thailand, China, Mexico and Europe. As a global leader in power electronics, Delta is committed to environmental protection and has implemented green, lead-free production and recycling and waste management programs for many years. Delta’s mission continues to be: “To provide innovative energy-saving products for a better quality of life.” More information about Delta Group can be found at http://www.deltaww.com

About DelSolar
DelSolar was founded in November 2004 by the Delta Group, the world’s number one provider of switching power supplies, and the Industrial Technology Research Institute (ITRI), with the goal of becoming a world leader in solar cell manufacturing.  DelSolar is now focusing on developing high performance solar cells and their manufacturing processes, which are fully integrated with proprietary automation systems/equipment. Since starting in 2004, DelSolar’s business has been growing at a rate well exceeding expectations due to the company’s ability to provide world-class cell efficiency with a high production yield. DelSolar intends to increase its production capacity from today's 50MW to 100MW in 2007 to meet market demand.