Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world’s largest photovoltaic (PV) module manufacturers, and Eagle Roofing Products announced an exclusive distribution agreement for North America.
Eagle will distribute Suntech’s SolarBlend(TM) roof tiles to its extensive network of roofing, solar and electrical contractors as part of its Eagle Solar Roof–a roofing system that combines the aesthetics and performance of concrete tile with solar. The roof tiles will be approximately four feet wide, 50-watt panels, with grey, terra cotta and brown frames. Expected availability of the 50-watt panels is spring of 2009.
Suntech recently licensed technology for integrated solar modules, including SolarBlend(TM) from Applied Solar, Inc. (HNS.DE).
Eagle also offers onsite technical support, paperwork processing of state rebates, financing and full permit package submittals including electrical line diagrams and roof layouts. Eagle said this full suite of services enables many non-traditional solar contractors to participate in selling and installing solar systems, greatly increasing the potential of solar system installations across the country.
In addition to SolarBlend(TM), Eagle will also carry Suntech’s Black Label(TM) 175-watt, rack-mounted modules. These
"We are excited to team with Eagle Roofing Products to offer an integrated solar electric solution," said Leonard May, Suntech’s managing director of BIPV products. "By combining the core strengths of both companies, we are confident that we will consistently deliver innovative products to a wide audience of contractors and their customers across the U.S., Canada and Mexico."
Suntech last week verified preliminary figures for a quarterly loss in 4Q08.
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