Lagofrio Energy Solutions (LES), a wholly-owned subsidiary of TinSol Energy (TSEL) South Africa, has placed a US$210 million contract with Fidelis Energy to Supply 93MW of PV modules for several solar parks across Africa. Fidelis will begin shipments during the first quarter of 2011 as its module plant in China is expected to come on-stream during the fourth quarter of 2010.
“We have continued to select Fidelis as our partner to supply our large solar installations due to the cost and performance advantages afforded by the solar cell technology owned by Fidelis,” commented Wes L. Volker, Managing Director of TSEL This second contract is another step toward a long and prosperous relationship with Fidelis as we develop and expand our energy business in Africa.”
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Fidelis said that it plans to expand its annual manufacturing capacity by 150MW in each of the next several years.
