Sovello signs 120MW+ in long-term sales deals for string ribbon technology

Sovello AG, formerly EverQ GmbH, has signed long-term module supply contracts with three Germany-based distributors worth more than 120MW in module capacity. The new contracts were signed with EWS GmbH & Co. KG headquartered in Handewitt, Schleswig-Holstein; PV5 Solarconcept GmbH, based in Kleinostheim and Soleg GmbH located in Zwiesel, Bavaria.

“These long-term partnership agreements underscore our focus on customer-oriented product development, and we will support the distribution efforts of our partners with the appropriate marketing measures,” noted Christian Langen, Chief Marketing and Sales Officer at Sovello AG.

The largest of the three agreements is with EWS. The contract represents a five-year sales partnership (2009 – 2013) with a volume of approximately 50MW. EWS expects to supply modules into Germany, Denmark and Sweden.

A 40MW deal was signed with PV5 Solarconcept GmbH, lasting between 2009 and 2012. The modules are to be sold in Rhein-Main area and Bavaria, Spain and Italy.

The three-year contract with Soleg GmbH runs from 2009 through 2011 with a volume of 30MW. As a wholesaler and large-scale project general contractor, Soleg expects modules to be used in southern Germany, the Czech Republic and Italy.

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