Thursday, July 9, 2009

Solyndra’s Backlog Reaches $2 Billion

PV-Tech, Mark Osborne

Cylindrical CIGS-based thin-film PV specialist Solyndra has passed the US$2 billion in sales backlog with the signing of a new long-term sales agreement with German systems integrator Umwelt-Sonne-Energie GmbH, worth US$238 million through 2013. Unlike other thin-film producers, Solyndra is specifically targeting only rooftop installations, due to its unique solar system technology that is claimed to generate more electricity on an annual basis, compared to other technologies from typical low-slope commercial rooftops. In October 2008, Solyndra’s backlog stood at US$1.2 billion, and the company has since secured over US$800 million in long-term contracts.

“Solyndra’s revolutionary technology redefines performance for large roofs compared to conventional PV technologies in terms of installation cost, non-penetrating wind performance, rooftop loading, and energy production per roof,” commented Arnold Berens, Managing Director of Umwelt-Sonne-Energie.

"Solyndra´s innovative cylindrical module geometry and fast and easy mounting technology provide definitive proof that even today, dramatic breakthroughs in PV engineering are possible.” added Daniel Grünauer, Managing Director of USE.

Europe is a key market for Solyndra and in particular Germany. Umwelt-Sonne-Energie mainly operates in Germany as well as the Czech Republic, Belgium, Austria and Croatia.

See the original article here

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