San Francisco-based Scaled Solar, Inc., a provider of High Concentrating Photovoltaic (HCPV) solar power solutions, announced today that it entered into two definitive supply agreements for its systems in July 2008.
Specifics of the deal were not disclosed, but the company said in a statement that its systems will be used in separate solar farms totaling 75 megawatts (MW) in the San Francisco Bay Area and California’s Central Valley commencing in 2009 through 2013.
Scaled Solar manufactures and markets utility-grade, concentrated photovoltaic solar energy systems that feature a single curved reflecting dish made of lightweight composite materials. The heart of the module is an array of CPV cells in a solar receiver that is suspended above the dish focal point. Modules are mounted on a tracking mechanism that allows the system to follow the sun and convert its energy as long as it is more than 5 degrees above the horizon.
"The multi-year agreements we have signed in the past four months validates the strength of our technology position combined with a compelling value proposition for our customers," said Angel Valencia, Scaled Solar’s VP. "We are in negotiations with numerous other potential customers as we look to signing more long-term supply agreements."
About Scaled Solar, Inc.
Scaled Solar, Inc. manufactures and markets High Concentrating Photovoltaic (HCPV) for industrial and commercial applications featuring advanced optical concentration processes and delivers dense concentration and high efficiency solar cells.
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