United Solar Ovonic Signs Multi-Year Supply Agreement with Enfinity

United Solar has signed a multi-year supply agreement with Enfinity Management BVBA for 21.15 megawatts (MW) of UNI-SOLAR thin-film photovoltaic laminates.

Under the agreement, United Solar will supply Enfinity with 1.15 MW of thin-film PV laminates in calendar year 2007 and 10 MW in each of the calendar years 2008 and 2009. Enfinity intends to use the UNI-SOLAR products for roof-top installations in Europe.

Enfinity, headquartered in Ghent, Belgium, has raised private equity funds for PV projects in Europe. It has already financed PV projects with a total capacity of more than 30 MW and is planning to finance several hundred megawatts through 2010.

Unlike traditional crystalline technology, which typically uses heavy glass panels, UNI-SOLAR says its products are flexible, durable, lightweight and easy to install.

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