Silicon Valley Solar has secured a 10MW purchase order for the company’s Sol-X2, internal concentrator solar modules, valued in excess of $35 Million.
Pacific Power Management of Auburn California, one of the state’s top solar system integrators, will begin taking delivery in Q1, 2008. The contract calls for linear shipments of modules over a three year period. SV Solar’s Sol-X2 products are high efficiency, low cost flat plate modules utilizing a unique “internal” concentrator. Sol-X2 modules require less than half the number of solar cells when compared to traditional solar modules, while producing equivalent or even higher power output. Solar cells currently account for up to 75% of the total module cost, and with the current shortage of refined silicon, are a limiting factor on the total production of solar modules.
“We’ve been following the progress of SV Solar for some time,” said Dave Dwelle, co-principal of Pacific Power Management. “We knew their approach would deliver significant cost savings, but we were pleasantly surprised to see the performance they are getting relative to standard modules. In particular, Sol-X performance in a variety of mounting positions will give Pacific Power additional flexibility in many of our installations.”
Since Sol-X2 utilizes a proprietary internal concentrator, the modules are dimensionally equivalent to standard flat plate modules and don’t require a complex tracking mechanism. The “compatible” form-factor of these modules enables traditional installation, and the lack of moving parts provides the long-term reliability the solar industry demands.
Incorporated in 2006, SV Solar was founded by Patrick Callinan, President and CEO of Silicon Valley Microelectronics (SVM). SVM has been supplying silicon wafers and feedstock to the semiconductor and solar industries very for the past 16 years, and created SV Solar as a natural evolution to meet the demands of an increasingly thriving solar market.
Pacific Power Management provides commercial photovoltaic systems, including design, engineering, materials, installation, testing, commissioning, monitoring, and maintenance. The company performs energy audits; reserves rebate funds, secures permits, and monitors long-term electricity use and production. Pacific Power Management works with their customers to provide financing and to ensure that they can take full advantage of available tax incentives. The company’s proprietary flat-roof racking systems are designed for 50-year life and high solar panel output efficiency. To date Pacific Power Management has installed over three Megawatts of PV in installations throughout California.
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