EnXco and Solaria Sign Supply Agreement

The renewable energy project developer EnXco has entered into a five-year supply agreement with Solaria, a manufacturer of high-efficiency solar PV modules. EnXco has also made a small equity investment in Solaria.

The partnership is part of enXco’s push into the North American utility-scale solar PV market, which has been growing very rapidly in recent years. EnXco has focused much of its effort on wind in the past, but is now moving more heavily into solar.

The Solaria modules are manufactured for ground-mounted tracking systems and typically used in utility-scale installations. Called “Low-Concentration PV,” they use concentrating devices to focus sunlight onto the PV cells.

Solaria is one of a handful of companies trying to commercialize concentrating PV technologies. But so far, this sector has seen limited success because of bankability issues and the competitiveness of traditional crystalline silicon PV.

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