Solar Power has completed the first sale to a prominent German solar integrator of its photovoltaic solar modules which are manufactured in China.
The modules are for use in the integrator's Germany-based installation projects. An initial supply of SPI's 200-watt panels was shipped to the integrator at the end of December 2008. The transaction follows IEC certification in early December 2008 of SPI's family of solar modules by VDE laboratories located in Main, Germany. The IEC certification, affirms the solar modules' quality and performance characteristics for use in Europe for commercial and residential applications.
Bradley Ferrell, president of SPI's commercial sales division, stated that this arrangement was a further validation of SPI's global sales and marketing strategy. He added that Germany is the largest market in the world for solar and SPI viewed this as a major milestone for the company. He concluded that through continuous leveraging of their China-based manufacturing operation, which produces high-quality, competitively priced solar modules and balance-of-system components, SPI is strategically positioned to continue to further penetrate new markets and build global market share.
Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. With a manufacturing facility in Shenzhen, SPI. provides turnkey design-build solutions through its Roseville, California headquarters a growing retail distribution network.
