North Coast Solar Stocks

April 15, 2009

Soleos and Suntech Expand Partnership

Filed under: STP — Tags: , , — Jason @ 8:00 am

Soleos Targets Up to 30MW Purchases from Suntech in 2009

Wednesday April 15, 2009, 8:00 am EDT

BORNHEIM-SECHTEM, Germany and WUXI, China, April 15 /PRNewswire-Asia/ — Suntech Power Holdings Co., Ltd. (STP), the world’s largest manufacturer of crystalline silicon photovoltaic (PV) modules, and Soleos Solar GmbH (“Soleos”), a PV systems integrator that manufactures and distributes solar power installations, today announced that they have entered into agreements for Suntech to supply Soleos with at least 6MW of modules in the first half of 2009.

David Mabille, Soleos’ CEO, remarked, “We are very pleased to extend our relationship with Suntech, who has a well-earned reputation for delivering highly efficient PV products. Given the growing demand for premium-quality modules in the European market in countries such as Germany, France, Italy and Belgium, we anticipate purchasing up to 30MW of solar panels from Suntech over the course of the year.”

Soleos’ strong reputation for integrating high performance solar systems across Europe is supported through long-term collaborations with key suppliers. Mr. Mabille continued, “It is essential for us to have a strong partner alongside us such as Suntech. This partnership ensures a long-term, steady source of high-quality PV products for our customers.”

Jerry Stokes, Suntech’s President of Suntech Europe, stated, “Solar project developers worldwide are increasingly placing a premium on consistency of quality and performance, two attributes synonymous with the Suntech brand. Soleos is a strong partner in Europe and we are delighted to expand our relationship with them.”

About Soleos Solar

Soleos Solar GmbH is a PV-system integrator based in Bornheim-Sechtem Germany that manufactures and distributes solar power installations. The Company’s system integrator experts pride themselves on up to 15 years of experience in the photovoltaic market, both in the field of grid-tied PV-systems, starting from the low kWp to the large MWp range, and in the field of off-grid installations, such as pump installations, professional communication systems and applications in the field of leisure time (e.g. caravans). The Company is a competent wholesaler and system provider in the field of photovoltaics, and offers consultation and planning via a wide distribution network of retailers and solar installation experts.


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