Solar

EPV SOLAR Signs 306-MW Contract

EPV SOLAR, Inc. (EPV) announced that it has entered into a long-term solar module supply agreement with unlimited energy GmbH. Under the terms of the contract, EPV SOLAR will supply 306 megawatts (MW) of amorphous silicon modules to unlimited energy for use in the development and build-out of several solar parks in Europe.

EPV will begin shipments to unlimited energy during the first quarter of 2008. Product will initially ship from EPV’s New Jersey locations. It will shift to EPV’s Senftenberg, Germany plant which is scheduled to come online during the fourth quarter of 2008.

“This contract, along with the substantial funding we closed in June and other imminent multi-hundred megawatt deals, will enable EPV to command a leadership position in the high growth solar module market. We are extremely pleased to be working closely with unlimited energy GmbH to accelerate our growth in Europe,” said Scott Massie, CEO of EPV.