Ersol Wins Powerlight as its First U.S. Customer

Erfurt, Germany [] ErSol Solar Energy AG is delivering solar cells to the California-based PowerLight Corporation in a recently signed five-year contract. This collaboration will allow ErSol to move toward developing the key U.S. market. The total volume of the new contract amounts to approximately 100 million euros [US$128 million]. At PowerLight’s option, up to an additional 37 million euros [US$47.6 million] of PV cells will be provided.
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