
Solyndra has signed a multi-year framework agreement worth about $105 million with Italy's Sun System. As part of the deal, Solyndra will be manufacturing the solar panels for the project at its facilities in Fremont and Milpitas, California.
Commenting on the announcement, Dr. Chris Gronet, Solyndra's CEO and founder, said: "We are excited to announce this relationship with Sun System, a highly innovative integrator of medium and large-scale commercial PV systems. Sun System's strong presence in Italy and beyond, coupled with Solyndra's advanced PV systems, will accelerate the deployment of world-class photovoltaic installations on commercial rooftops in southern Europe."
On the other hand, Dr. Davide Scarantino, CEO of Sun System, said: "As a company focused on cost, performance and reliability, we are very happy to announce this partnership. Solyndra's technology sets a new standard of performance on commercial rooftops compared to conventional PV technologies in terms of installation cost, rooftop loading, non-penetrating wind performance, and energy production per roof."
[source: Solyndra]