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Solyndra Inc., a manufacturer of innovative proprietary photovoltaic
(PV) systems for commercial rooftops, has signed a new multi-year
framework agreement worth up to $105 million with solar integrator Sun
System S.p.A., based in Milan, Italy. The solar panels for this
Euro-based agreement will be manufactured at Solyndra's facilities in
Fremont and Milpitas, California.
"We are excited to announce
this relationship with Sun System, a highly innovative integrator of
medium and large-scale commercial PV systems. Sun System’s strong
presence in Italy and beyond, coupled with Solyndra’s advanced PV
systems, will accelerate the deployment of world-class photovoltaic
installations on commercial rooftops in southern Europe," said Dr.
Chris Gronet, Solyndra’s CEO and founder.
Solyndra's
cylindrical, thin film PV systems are designed to generate more
electricity on an annual basis from typical low-slope commercial
rooftops, while providing much lower installation costs than
conventional flat panel PV technologies.
"As a company focused
on cost, performance and reliability, we are very happy to announce
this partnership. Solyndra’s technology sets a new standard of
performance on commercial rooftops compared to conventional PV
technologies in terms of installation cost, rooftop loading,
non-penetrating wind performance, and energy production per roof,"
states Dr. Davide Scarantino, CEO of Sun System.
"Solyndra´s
innovative cylindrical module geometry and fast and easy mounting
technology are leading the way toward a clean energy future," added Dr.
Domenico Ruggeri, Technical Director of Sun System.
Solyndra signs framework agreement with Italy’s Sun System for approximately $105mn
Nov 25
|08:34 AM
Short URL for this article: http://is.gd/9kpe7
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