SOLON AG has signed a supply agreement with the Spanish solar installation company Generacio Fotovoltaico S.L. to supply photovoltaic modules with an output of more than ten megawatts.
The agreement envisages the delivery of photovoltaic modules for five projects that are to be rolled out on the island of Majorca by the end of 2008. The first of these projects is scheduled to be completed by the end of 2007 and the other projects will be completed during the course of 2008.
A further three projects, with a combined volume of around six megawatts, are currently being negotiated with the same customer. This agreement represents further consolidation of SOLON AG’s market position in the Balearics, where there has been strong growth in the market for solar power stations since the local elections in May, particularly on the island of Majorca.
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