San Diego, CA – August 19, 2010: enXco – an EDF Energies Nouvelles Company (PARIS: EEN) and Solaria Corporation announced today a five year global supply agreement under which module manufacturer Solaria will supply their patented solar module to enXco as well as a small equity investment from enXco in Solaria.
The agreement, which is a combination of a firm order and significant options, will enable enXco to execute on its growing portfolio of utility-scale solar PV projects in the United States and Canada.
“We are very pleased to have struck this strategic partnership with Solaria, as we believe they have developed a superior low concentration solar technology ideal for large solar tracking systems,” said David Kirkpatrick, Vice President of Solar Development for enXco.
“We have immense respect for enXco’s sophistication and EDF EN’s worldwide base of operations. As one of the most sophisticated developers of solar power plants and purchasers of solar PV modules, we are thrilled to be working with enXco,” noted Solaria CEO Daniel Shugar. “This investment by enXco further validates Solaria as a technology leader.”
Solaria modules are designed specifically for ground-mounted tracking systems and certified to UL1703 and IEC61215 standards. Based on patented low-cost technology, Solaria’s modules provide reliable performance while matching form, fit and performance of conventional PV modules.
About enXco, an EDF EN Company:
enXco (www.enxco.com) - an EDF Energies Nouvelles Company (www.edf-energies-nouvelles.com) develops, constructs, operates and manages renewable energy projects throughout the United States. For more than two decades, we have been a leader in wind-energy focusing on large-scale wind projects. Today enXco’s portfolio includes solar and biomass technologies, in an effort to help drive our nation’s transition to a sustainable energy economy. enXco is a significant owner and developer of wind-energy installations in the United States, and is the leading third-party operations & maintenance provider for wind farms in North America.
Solaria Corp. designs, manufactures and markets silicon PV modules to solar system integrators, project developers and electric utilities. Based on its patented low-cost technology, Solaria’s modules provide reliable performance while matching form, fit and performance of conventional PV modules. Solaria headquarters are in California with global operations in Germany and India. For more information, please visit www.solaria.com
enXco Media Contact:
Sandi Briner | Director, Marketing & Communications
(858) 521.3525 | sandi.briner@enXco.com
Solaria Media Contacts:
(510) 339.1527 | email@example.com
Marketing & Communications
858.521.3300 ext 3525