Having used Solyndra’s modules on a majority of its solar rooftop projects, EPC firm, Orion Energy Systems continues to champion the Chapter 11 firm’s technology and remains optimistic Solyndra could still emerge from the bankruptcy proceedings. Though its shares have fallen since Solyndra’s collapse, Orion Energy Systems claimed that it did not expect its business to be ‘adversely impacted.’
“Although Solyndra was our primary vendor for PV solar panels that we installed for many of our customers, its high profile bankruptcy is not expected to have any material adverse effect on our customers or us,” noted, Neal Verfuerth, Orion’s Chief Executive Officer. “Our market strategy from the inception of our Orion Engineered Systems Division was to anchor our value proposition around our expertise in project design, implementation and project management. We led with Solyndra’s system due to the competitive advantage offered when considering ‘Total Cost of Ownership’ per kwh/produced, not the initial panel cost per watt on which the market seems to be fixated today,”
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Verfuerth also noted that his company wasn’t owed money by Solyndra, nor had it had any issues over product support and warranty coverage.
“We and we have been continually vetting other PV technologies over the last several years, so the transition to other suppliers will result in minimal disruption to our customers and us,” added Verfuerth.
