Solar Power, Inc. has signed a sales order agreement to supply German solar project developer Solarmarkt Sued Park with up to 25MW of the company’s 200 and 205W modules for a project currently being executed by Solarmarkt Sued Park.
Further details of the agreement include approximately 50MW of SPI’s proprietary SkyMount commercial rooftop racking systems to be supplied as well as several megawatts of SPI solar modules and SkyMount racking to be delivered during the remainder of the year. The sales order agreement is set to extend through 2010 with product orders commencing immediately.
“The performance of SPI’s solar modules is world-class. We share a common commitment to quality and place high value on their solutions-based approach to commercial systems,” said Frank Weckerle, President of Solarmarkt Sued Park. “The quality and design features of Solar Power’s SkyMount rooftop racking system are superior. We have selected SPI’s SkyMount system because it is an adaptable solution for a variety of unique installation requirements and offers an innovative non-penetrating option. We look forward to working with SPI as we execute both our current book of business and our developing project portfolio,” Weckerle concluded.
“The German solar market is very important to us. Our agreement with Solarmarkt Sued Park represents significant progress as we continue to pursue our international product sales strategy,” said Bradley Ferrell, President of Solar Power’s Commercial Sales Division. “As a large-scale project developer with an excellent reputation and strong demand for their services, we are very pleased to have our products play a significant role in the solar systems they are installing across Germany.”
Solar Power will begin processing orders straight away in order to meet Solarmarkt Sued Park’s active project requirements through the remainder of 2009. The balance of the agreement will be fulfilled throughout 2010.