Solyndra, Inc., a manufacturer of photovoltaic (PV) systems designed to optimize solar electricity production on commercial rooftops, announced it has signed a long-term sales contract worth up to $320 million with Carlisle Energy Services, a newly formed division of Carlisle Companies Inc. (NYSE: CSL).
The multi-year sales contract adds to Solyndra’s previously announced order backlog of approximately $1.2 billion. The solar panels for these contracts will be manufactured at Solyndra’s facilities in Fremont and Milpitas, CA.
According to John Altmeyer, CEO of Carlisle Construction Materials, "The Solyndra PV system is a natural fit for our ENERGY STAR®-certified, cool roof systems. When installed on Carlisle’s white reflective TPO roofing membrane, the output of Solyndra PV system increases up to 20%."
Solyndra said its PV system uniquely benefits from installation on a cool roof due to the collection of reflected, direct, and diffuse light. Due to the air flow through Solyndra’s panels, cool roofs remain much cooler than with other PV systems.
Additionally, Solyndra’s lightweight, non-penetrating system eliminates the negative impact on roof life and performance associated with either penetrating or heavier, ballasted PV systems and allows for easy removal of the panels for roof maintenance or redeployment of the panels to another facility.
Carlisle is in the process of installing a commercial-scale Solyndra PV system on its TPO manufacturing facility in Tooele, UT. This installation will provide a well-situated showcase for prospective customers and business partners, in addition to reducing the facility’s conventional electricity usage.
Solyndra emerged on the solar scene in October. The company designs and manufactures photovoltaic systems, using proprietary cylindrical modules and thin-film technology. Headquartered in Fremont, CA, the company operates a 300,000-square-foot fully automated manufacturing complex.
Solyndra previosly announced details of a $250 million contract with German solar integrator GeckoLogic.
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