Video: Texas Instruments Honors SolarDay(TM) with New Initiatives to Power the Future of Solar Technology

Solar Decathlon sponsorship is part of TI’s ongoing commitment to enable smart energy and promote the development of solar technology

DALLAS, June 18 /PRNewswire/ — In honor of the first SolarDay(TM), a national day of recognition for the growth of solar energy in the U.S., Texas Instruments Incorporated (TI) (NYSE: TXN) is announcing its sponsorship of the 2009 Solar Decathlon competition. As a returning sponsor, TI is investing in future innovators to help solve some of the world’s most critical energy problems.

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Part of TI’s solar strategy is advancing designs of leading manufacturers of solar power equipment to increase energy output and drive costs down, which will help make solar power a viable option for consumers. TI semiconductors are integral components in innovative energy technologies, which help end-equipment designers find new ways to lower energy consumption, increase power efficiency and uncover new energy sources.

“TI has delivered embedded processing and analog solutions to the solar market for over a decade, and our efforts in the 2009 Solar Decathlon further solidify our commitment to the industry,” said Chris Schairbaum, director of energy technology strategy for Texas Instruments. “In just one hour the sun bathes the earth with a year’s supply of energy, yet solar energy supply still generates far less than one percent of the world’s electricity needs. Semiconductors are critical to turning more sunlight into economical electricity.”

TI solar initiatives:

• TI is the market share leader in embedded processing microcontrollers for the solar inverter market today, and as a result the company is committed to helping solar energy achieve grid parity in the years to come.
• The recent boom in global solar research and development is creating widely varying technology solutions. TI is working to stay ahead of the research and development curve, developing and providing the best possible component technologies to its customers when they need it.
• TI is investigating various types of solar cells and panels, enabling TI to develop and provide an ever-improving array of chips and components for its customers’ inverter and converter designs.

Sponsor of 2009 Solar Decathlon:

• TI is a returning sponsor for the 2009 Solar Decathlon, a competition hosted by the United States Department of Energy (DoE) that challenges 20 universities from around the globe to design, build and operate attractive, energy efficient solar-powered homes. The homes will be showcased on the National Mall in Washington D.C. October 9-18 2009.
• TI is also a Gold Sponsor of the 2009 University of Illinois Solar Decathlon team. The University of Illinois is the alma mater of Jack Kilby, the TI engineer who invented the integrated circuit.
• As part of the university sponsorship, TI is donating an energy efficient DLP(R) HDTV to be used in the house design. Additionally, TI engineers are mentoring the University of Illinois student team by providing direct engineering and consulting support as the team designs and builds its home.

TI focus on smart energy solutions:

• The MSP430 Solar Energy Harvesting Development Tool enables perpetually powered wireless sensor network applications.
• The Piccolo(TM) and Delfino(TM) microcontroller series, designed to be used in solar systems from micro-inverters to full centralized inverters, make consumers’ solar power systems more efficient and cost effective.
• The Renewable Energy Developer’s Kit speeds the development of advanced, digitally controlled renewable energy systems.

About Texas Instruments

Texas Instruments (NYSE: TXN) helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through design, sales and manufacturing operations in more than 30 countries. For more information, go to www.ti.com.

NOTE: This communication contains some forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from predictions. These “forward-looking statements,” including descriptions of TI’s expectations, plans, intentions or goals, are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Please refer to TI’s most recent Form 10-K for more information on the risks and uncertainties that could materially affect future results of operations. We disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

SOURCE Texas Instruments