With 61% of its 827MW PV project backlog concentrated in the US, SunEdison has signed solar module manufacturing agreement with a Mexican-based subsidiary of sub-contractor, Foxconn Technology.
Although timelines were not provided, the deal will mean that Fox Energy will produce 350MW of ‘Silvantis F330’ branded modules at its manufacturing facility located in Juarez, Mexico for the project developer arm of MEMC. Recently, MEMC announced it plans to change its name to SunEdison completely as the company shifts its business model away from previous dependence on polysilicon production for the solar and semiconductor industries.
Previously, MEMC reported that its project backlog stood at 827MW or 32% of the overall project pipeline that had stood at 2.6GW. The 827MW backlog represented projects that had a 90% plus expectation of being completed over a 24-month period, according to the company.
MEMC had previously collaborated with LDK Solar for modules as well as sub-contractor, Flextronics which had recently produced its one millionth Silvantis module for MEMC and SunEdison at its production facility in Malaysia.
Gokul Krishnan, general manager of SunEdison's solar module business unit said: “Fox Energy's global footprint allows SunEdison to manufacture modules near our high growth end-markets, which helps us keep costs down while meeting local content requirements.”
The US imposed AD/CD tariffs on solar cells produced in China last year.
“Our automated PV module manufacturing process and stringent quality controls will help SunEdison meet the high standards their customers have come to expect,” added Dr. Jeffrey Lu, President of Fox Energy Inc.