RENEWABLE ENERGY NEWS – CLEANTECH NEWS – ENVIRONMENTAL TECHNOLOGY NEWS ESSENTIAL INTELLIGENCE FOR INVESTORS, INNOVATORS & DEAL-MAKERS
26 June 2009
US and China based Solar EnerTech has entered into a 10MW contract to deliver its solar modules to Solarzentrum Allgau, a German integration company who specialise in the sale and installation of photovoltaic systems.
The total shipment value to Solarzentrum Allgau is approximately $20m.
Speaking of the deal, proprietor of Solarzentrum Allgau, Willi Bihler, said, ‘Solar EnerTech’s solar products and support services meet the criteria for high quality and performance that we demand from our suppliers. We look forward to further developing our relationship with Solar EnerTech and believe that through their support, we have a compelling opportunity to gain a larger share of the German market going forward.’
Leo Young, CEO of Solar EnerTech, added, ‘This is an exciting new project for Solar EnerTech, which can accelerate our financial performance for this calendar year. It shows that our strategy of enhancing our operating facility and improving our product efficiency is paying off.’
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