Solyndra Signs US $115M Deal with EBITSCHenergietechnik

Solyndra Inc. has signed a new long-term sales contract with solar integrator EBITSCHenergietechnik, based in Zapfendorf, Germany. The Euro-based contract, worth up to US $115 million, extends through 2013 and brings Solyndra’s contractual backlog to approximately $1.8 billion.

“Together with Solyndra’s innovative PV systems, EBITSCHenergietechnik’s strong presence in Germany and elsewhere in Europe should lead to world-class photovoltaic installations in the fastest growing markets for commercial-scale solar,” said Dr. Kelly Truman, Solyndra’s VP of Marketing, Sales and Business Development.

Solyndra’s cylindrical, thin-film PV systems are said to generate more electricity on an annual basis from typical low-slope commercial rooftops, while providing lower installation costs than conventional PV flat panel technologies, according to the company.

The solar panels for these contracts with EBITSCHenergietechnik will be manufactured at Solyndra’s facilities in Fremont and Milpitas, California.

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