Solyndra has signed a multiyear framework agreement worth up to $105 million with Milan, Italy-based solar integrator Sun System. The copper-indium-gallium-(di)selenide (CIGS) thin-film solar panels for this Euro-based agreement will be manufactured at Solyndra’s facilities in Fremont and Milpitas, CA.
Sun System has already installed a Solyndra-based PV power array in northern Italy at a company called Tessitura Uboldi. Further details about the size of that system or the projected megawattage of panels to be supplied under the terms of the deal have not been disclosed.
“We are excited to announce this relationship with Sun System, a highly innovative integrator of medium and large-scale commercial PV systems,” said Chris Gronet, CEO/founder of Solyndra. “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.”
Solyndra says its cylindrical TFPV 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, nonpenetrating wind performance, and energy production per roof,” noted Sun System CEO, Davide Scarantino.
The latest agreement brings the total announced amount of framework and sales deals inked by Solyndra since May to nearly $650 million. The company also started construction on its second manufacturing facility in Fremont in early September, the financing of which will be aided by a Department of Energy loan guarantee of $535 million.