News Article
Silicon Valley solar to supply Pacific Power Management with 10MW contract for solar modules
Silicon Valley Solar announced that they have secured a 10MW purchase order for the company’s Sol-X2, internal concentrator solar modules.
Silicon Valley Solar announced that they have secured a 10MW purchase order for the company’s Sol-X2, internal concentrator solar modules. Pacific Power Management of Auburn California will begin taking delivery in Q1, 2008. The contract calls for linear shipments of modules over a three year period, with an estimated total value in excess of $35 Million.
“We are very pleased that Pacific Power Management has selected SV Solar to supply modules in these significant quantities,” said Patrick Callinan, CEO of SV Solar. “They are one of the premier installers in our industry, with a terrific reputation for quality and customer service. They deal only with top-tier suppliers, and are very strong technically, so we see this as an important endorsement for our Sol-X technology.”
SV Solar’s Sol-X2 products are high efficiency, low cost flat plate modules utilizing a unique “internal” concentrator. Sol-X2 modules require less than half the number of solar cells when compared to traditional solar modules, while producing equivalent or even higher power output. Solar cells currently account for up to 75% of the total module cost, and with the current shortage of refined silicon, are a limiting factor on the total production of solar modules.
“We’re impressed with the module technology from SV Solar,” said Mark Frederick of Pacific Power Management. “We like the fact that they perform as well as or even better than traditional flat plate modules, while seamlessly integrating into our existing racking systems.”
“We’ve been following the progress of SV Solar for some time,” added Dave Dwelle, co-principal with Mr. Frederick of Pacific Power Management. “We knew their approach would deliver significant cost savings, but we were pleasantly surprised to see the performance they are getting relative to standard modules. In particular, Sol-X performance in a variety of mounting positions will give Pacific Power additional flexibility in many of our installations.”
