Solar Semiconductor and Conex Energy will be working together at various California and Ontario, Canada locations for the development of over 300MW of solar opportunities, which will use Solar’s PV panels and related equipment for ground-mounted and rooftop applications. The agreement will also see the two companies collaborate for applications in selected international locations.
“We are very excited about this joint development activity with Conex Energy,” said Hari Surapaneni, president and CEO of Solar Semiconductor. “The Conex team brings a strong track record of energy project development and proven financing expertise, which will enhance our ability to complete successful solar energy developments in California and Ontario, Canada.”
Solar Semiconductor will be responsible for the design, as well as the supply of PV solar panels and balance of system equipment. Conex will manage the development activities, including the optimization of project energy sales, negotiation of interconnection arrangements, project financing and tax planning opportunities.