LUEBECK and MUNICH, February 25, 2011－Solar Frontier announced today that it has extended its partner portfolio by signing a long-term distribution agreement with Balticsolar GmbH. Based in Luebeck, Germany, the photovoltaic specialist will sell and install Solar Frontier CIS modules in double-digit megawatt volume. The deal with Balticsolar provides Solar Frontier with a significant presence in northern Germany.
“Solar Frontier’s economical, ecological CIS technology and gigawatt-scale production capacity convinced us,” said Alexander Hansmann, General Manager, Balticsolar. “We are certain that the combination of our system planning and installing know-how and the expertise of the Solar Frontier sales and support teams are a perfect match. Through this synergy we will be able to offer our customers first-class service and leading thin-film solar energy solutions.”
Wolfgang Lange, Managing Director, Solar Frontier Europe, said, “Balticsolar’s performance in the photovoltaic segment is impressive. This long-term distribution agreement is a major milestone for Solar Frontier on its way to becoming a market leader. Our distribution agreement with Balticsolar is an important step in covering northern Germany. We are pleased that Balticsolar has placed its confidence in us, and we look forward to supporting them with our extensive expertise and know-how. Balticsolar’s current allocated volume is only the beginning of our long-term relationship.”
Solar Frontier’s cutting-edge manufacturing technology, coupled with its gigawatt-scale production capacity, its global sales teams, and the ecological and economical advantages of its CIS technology, ensure a competitive return on solar energy investments.
BALTICSOLAR
BALTICSOLAR GmbH plans and installs photovoltaic solutions for personal and commercial usage, offering its customers the full range of services from consulting, planning and assembly via the company’s own teams to the beginning of operations. The Luebeck (Germany)-based company has already realized more than 1.200 photovoltaic installations and is one of the market leaders in Germany.
Together with its sister company CONSTIRLING GmbH, which plans and installs mini block heating stations, BALTICSOLAR has founded the first renewable energies competency center in northern Germany.
Solar Frontier K.K.
Solar Frontier, a 100% subsidiary of Showa Shell Sekiyu K.K., established the world’s first gigawatt-scale CIS module factory in 2011 with a mission to create the most economical, ecological solar energy solutions in the world, on the world's largest scale. Solar Frontier’s proprietary CIS technology, denoting key ingredients copper, indium, and selenium (in addition to gallium and sulfur), has the best overall potential to set the world’s most enduring standard for solar energy. This is based on our legacy of work in solar technology since the 1970s, the priority focus our laboratories have given to CIS since 1993, and our success in large scale CIS commercialization since 2007. The critical factors that combine to make CIS the overall economical and ecological leader include high efficiency modules and production processes as well as superior reliability, stability, sustainability, non-toxicity, and lower overall energy consumption in manufacturing to yield a faster energy payback time. These factors at gigawatt scale enable Solar Frontier to meet worldwide demand for the new standard in affordable solar panel performance. Visit www.solar-frontier.com for more information.
Showa Shell Sekiyu K.K.
Showa Shell Sekiyu K.K. is listed on the Tokyo Stock Exchange and has roots dating back more than 100 years in the downstream energy business.
PRESS INQUIRIES AND REQUESTS FOR INTERVIEWS CAN BE DIRECTED TO:
Germany and Europe Inquiries:
Tanja Schuermann, Edelman (Munich)
Tel: +49 89 41 301 709
Email: tanja.schuermann@edelman.com
Global Inquiries:
Daniel Lochmann, Edelman (Tokyo)
Tel: +81 3 6858 7721
Email: SolarFrontier@edelman.com
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