CESI unveils the largest independent high permanent current test laboratory at Middle East Electricity 2013

Furthermore, Francesco Fraisopi, CESI's Director of Business Development for Solar Cells and Member of the Board of Directors at CPV Consortium, will be presenting the latest technology on CESI's multi junction Solar Cells.

"We're here to present the best High Concentration Photo Voltaic technology available in the field," said Francesco Fraisopi. "This is a great opportunity for us to demonstrate technology that is perfectly suited to the Middle East and could change how electricity is generated in the local market."

The Middle East is crucial for the development of solar energy because many countries are searching for ways to reduce their energy consumption in order to have more oil for export. High Concentration Photo Voltaic (HCPV) technology - powered by the high-performance, multi-junction solar cells produced by CESI's GaAs technology - is considered an ideal solution for the region.

"The use of flat silicon and thin-film solar modules is hindered by the region's high temperatures and concentrated Solar Power (CSP) solutions, which are hampered by technological complexity and high cost, where HCPV technology produces more electricity when solar radiation intensifies and temperatures increase. An additional benefit is that it costs the same to maintain and operate as methods of generating electricity that utilize flat photovoltaic cells." Fraisopi said.

Floris Schulze, Managing Director of CESI Middle East said: "The demand for alternative and renewable energy and the need for technology to maintain the existing electrical grids and power infrastructure in the Middle East makes the Middle East Electricity 2013 Conference the ideal platform to introduce CESI's newest high current testing lab and to present its high efficiency multi junction solar cells."

CESI has a deep experience in the Middle East having already worked with more than 100 local companies within the region in testing and certification.

CESI was recently presented with the coveted "Company To Watch 2012" award by the Cerved Group for its outstanding sales performance, level of EBITDA and revenues, and it has become one of the very few Global Partner of the World Economic Council.