Solon Enters U.S. Residential Solar Market

Solon Corporation, the U.S. subsidiary of German solar company Solon (SOO1.DE) announced a supply agreement today that marks the solar panel maker’s entrance into the U.S. market for residential solar.

Solon will supply Scottsdale, Arizona-based American Solar Electric with roughly 1.5 megawatts (MW) of panels from its Tucson manufacturing site, which opened in October 2008. The initial agreement will furnish enough solar
electric panels for the installation of 375 average-sized residential
systems.

American Solar Electric said it will begin installing the Solon panels for homeowners later this month and for non-residential customers
later in the year.
 
“For the first time, Arizonans will have the opportunity to have locally manufactured solar panels installed on their homes,” Sean Seitz, President of American Solar Electric, said.

“We are pleased to name American Solar Electric as our preferred installer for Arizona,” said Solon Corporation’s CEO Olaf Koester.

American Solar Electric, Inc. is a design-build firm specializing in photovoltaic (solar electric) power systems for commercial, industrial and residential applications. Additional information is available online at http://www.americanpv.com.

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