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July 24, 2008
Sulzemoos,
Germany: Phoenix Solar Signs Supply Agreement with Solyndra
Phoenix
Solar AG today signed a framework supply contract with Solyndra
Inc., a Fremont, California-based manufacturer of CIGS (copper
indium gallium diselenide) thin-film modules.
The
contract has a value of around 450 million Euros and comprises
the delivery of solar modules between 2008 and 2012. Yearly increasing
delivery volumes along with simultaneous price decreases per watt
of peak output have been agreed.
The
solar modules are highly innovative and distinguish themselves
significantly from conventional solar modules. With this novel
product, photovoltaic systems can be quickly installed on a broad
range of rooftops including those that until now were unsuitable
for conventional solar systems.
The
CIGS thin-film technology extends Phoenix Solar AG's product portfolio.
Further details about: Phoenix
Solar AG and Solyndra Inc.
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