Sunny Hill Energy, a U.S. solar financing and business support company, has signed a 55MW two-year module deal with Ningbo Solar Electric, China. Sunny Hill said that it had an estimated project pipeline of 50MW over the coming 12 months for residential and PPA-based markets.
“We’re excited to have found the ideal solar panel solution for our residential and investment-grade projects,” said Dorian Maras, CSO for Sunny Hill Energy. “NBSolar’s large European presence and 40-year history in solar technology manufacturing won us over. Additionally, we found great synergy between NBSolar’s desire to enter the US market and our ability to develop it.”
Ningbo Solar Electric produces monocrystalline-based modules.