Nanosolar Inc. and Conergy Group have signed a long-term agreement to develop large-scale photovoltaic systems with tightly interconnected panel and equipment design innovations.
Conergy’s expertise in the development and integration of state-of-the-art components and Nanosolar’s experience in the design of solar cells and panels based on thin-film device technology will provide the U.S. market with custom-tailored and cost-efficient solar solutions.
“Delivering the next level of innovation in solar electricity requires product design work that takes a systems-wide perspective. We are excited about working with Conergy and integrating experience gained with more than 30,000 PV system installations worldwide,” said Martin Roscheisen, CEO of Nanosolar Inc.
About Conergy
With an expected revenue of more than 800 million euros (1 billion US$) in 2006 and 1,300 employees, Conergy is the largest solar company in Europe and a leading international supplier in other renewables such as wind and bioenergy. Conergy has branches on five continents and plans to expand into North and South America, the Mediterranean, Asia and Australia.
About Nanosolar
By making it possible to simply print solar cells that can deliver as much energy and lifetime as conventional silicon cells, Nanosolar has developed the capability to dramatically multiply the process throughput possible in the production of solar panels and thus achieve unprecedented cost and production volume scalability advantages. Nanosolar, headquartered in Palo Alto, California, owns more than 42 patents and is backed by leading private investors.