Solar EnerTech & Solarzentrum Sign 10-MW Deal

Solar EnerTech Corp. has entered into a 10-megawatt (MW) contract to deliver its solar modules to Solarzentrum Allgau, a system integrators in Germany. The total shipment value to Solarzentrum Allgau under the contract is approximately US $20 million.

“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. The quality of our solar modules are well known to Solarzentrum Allgau as we have served as a supplier to their rooftop projects in the past. Our high-quality, efficient and reliable products continue to garner increased attention among many well-known PV system integrators, which has improved our competitive advantage in winning new contracts,” said Leo Young, CEO of Solar EnerTech.

Shipments are scheduled to begin immediately and will be delivered throughout the current calendar year. The modules will be used for projects in Germany Solarzentrum Allgau said.

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