Phoenix Solar AG (PS4.DE) has signed a contract with Signet Solar for the supply of thin-film solar modules with a peak output of around 50 megawatts (MW).
Signet Solar expects to begin production of the amorphous silicon modules in mid-2008 at its new factory in Döbeln, Germany. Delivery of the modules is expected to begin in September 2008.
Under the contract, starting in 2010, deliveries will be supplemented by micromorphous silicon technology.
Signet Solar’s largest module, designed for ground-mounted power plants is 2.2 meters by 2.6 meters.
"This long-term framework contract will help us to secure more module volumes for ground-mounted power plants, a segment in which Phoenix Solar is one of Europe’s leading companies. The size of the modules is a milestone in technological progress which will allow significant cuts in the system costs", commented Manfred Bächler, Chief Technology Officer of Phoenix Solar AG.
About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a leading international photovoltaic systems integrator. Until June 2007, the company, which was set up in 1999, went by the name of Phönix SonnenStrom AG. The Phoenix Solar Group anticipates sales of EUR 300 million, generated in Germany and abroad, for the financial year 2008. Phoenix Solar AG plans, builds and operates large photovoltaic plants and is a specialist wholesaler for complete power plants, solar modules and accessories.
About Signet Solar
Signet Solar Inc. was founded in the USA in 2006 as a technology company with global operations which develops large area, low cost, high performance thin-film modules. The European headquarters of the company is currently being built in Döbeln nearby Dresden. As from summer 2008, Signet Solar says it will manufacturer the world’s largest solar modules with state-of-the-art thin-film solar technology. The Research and Development Center next to the production site will forge ahead with the development of solar modules. These large area solar modules will be used above all in solar power plants.
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