Sustainable Energy enters TFPV marketing agreement with Spanish company Solaer

Sustainable Energy Technologies, Ltd., a manufacturer and distributor of solar power inverters, has announced that it has signed an agreement with Spanish solar project development company Solaer SA for the co-marketing of massively parallel TFPV (thin-film PV) bundles for industrial and commercial rooftops in Spain. The bundles will consist of thin-film PV modules from an unnamed manufacturer, Sustainable Energy’s power inverter and wiring assemblies, while some bundles will feature precut racking to match PV modules.

Sustainable Energy’s partnership with Solaer is an attempt to target the Spanish solar rooftops market. Sustainable Energy’s massively parallel system design is claimed to deliver the cost-per-watt advantages of TFPV on rooftops and in BIPV applications by increasing total system yields, reducing system design and overall installation costs.

The agreement will see the sharing of all revenues and costs of all thin-film rooftop systems sold by Solaer. The collaborative agreement will also mean that the companies will work together on bettering design and installation procedures. At an estimated market value of $6 – $6.5 million per megawatt, the Spanish installed rooftop solar PV system market should prove beneficial for the two companies.

“We are very excited about the massively parallel design concepts, which are unique to the industry,” said Gabriel Cuartero, CEO of Solaer. “They simplify system design and installation for typical Spanish industrial rooftops, and are very easy to sell. Smaller (5kW – 60kW) rooftop systems will be the back bone of solar PV industry in 2009 and future years, and we are targeting between 6MW and 10MW of total systems for 2009.”