Suntech Power and Solarhybrid Form Partnership
Under the partnership, Suntech will supply solar panels for the majority of solarhybrid's German project pipeline in 2011. Suntech will also supply 172Mw solar panels to five solarhybrid's solar power plants in Germany.
Tom Schroeder, CEO of solarhybrid, said: â€œSuntech is a strong partner and we already have an established track record of fruitful collaboration. For successful international solar projects we need reliable partners who can deliver high efficiency solar panels, and warranty and performance. Suntech delivers all of these elements and that's why we're pleased to expand our relationship.â€
Two additional projects that solarhybrid is currently developing in Italy (10Mw) and Slovakia (6Mw) will also be supported by Suntech solar panels. The strategic partnership builds on Suntech and solarhybrid's collaboration on the 24.2Mw Finow Tower I project in Germany in 2010.
Vedat Guergeli, vice president of sales & marketing of Suntech Europe, said: â€œWe are very pleased to develop even closer cooperation with solarhybrid. That this well-established and successful project developer trusts Suntech modules validates our strategy of focusing on product reliability and superior customer support.â€
Earlier this month, Suntech Power Holdings and SunBorne Energy have signed a framework agreement for the supply of 100Mw of solar panels over the next two years for projects in India.
Will the partnership benefit the firms?
Have your say and discuss with your peers on the InfoGrok community.
Participate by posting your comments now.