Suntech & Open Energy Sign Solar Roof Membrane Licensing Deal

Suntech Power Holdings Co. Ltd. and Open Energy Corporation announced that they have entered into an exclusive agreement to license Open Energy’s building integrated solar photovoltaic (BIPV) roof membrane product. Under the terms of this license, Suntech will undertake the worldwide manufacture, distribution, sales and marketing of Open Energy’s solar membrane product.

This agreement complements Suntech’s solar products with Open Energy’s BIPV applications to provide a complete set of product offerings to the residential and commercial market, the company said. The frameless flat roof membrane will be marketed by Suntech under the SolarEze brand that the company said highlights its ease of installation even over existing roofs with no structural reinforcement typically required.

“This strategic decision will allow us to focus on the core competencies of our business — our award-winning and innovative product and applications design for next generation products. We chose to work with Suntech because they have world class, high quality manufacturing and a worldwide sales capability and distribution network. They also offer a solid foundation of resources and customers. They provide unmatched scope, scale and global reach in the growing solar industry,” said David Field, president and chief executive officer of Open Energy.

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