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Solyndra Looks to Reshape European Solar

California manufacturer of photovoltaic systems for commercial rooftops strengthens European presence
Fremont, CA, and Munich, Germany, January 19, 2009
Source: Solyndra Inc, press release
http://www.solyndra.com/News/Press-Release-011909

Solyndra, Inc. announced the opening of the company’s European headquarters near Munich in Holzkirchen, Germany in response to the high demand in Europe for their innovative photovoltaic (PV) systems which provide breakthrough solar electricity performance for commercial rooftops. As Managing Director and Vice President for Europe, Middle East and Africa Sales of Solyndra GmbH, Clemens Jargon will be responsible for overseeing the company’s sales and service operations throughout European countries with active PV markets such as Germany, Spain, Italy, Greece, and France.

“The commercial rooftops of Europe are an immense opportunity for the generation of solar electricity and are of growing importance with favorable incentive support in many countries,” said Solyndra CEO and founder Dr. Chris Gronet. “This move strengthens our ability to serve our customers in the region and allows us to play a greater role in the evolution of the European energy market towards a more sustainable future.”

Designed specifically for commercial rooftop installation, Solyndra’s thin film PV system features proprietary cylindrical modules which collect more available sunlight and generate significantly more solar electricity from low-slope commercial rooftops than conventional flat panel PV technologies. urther, Solyndra’s lightweight PV system is uniquely fast and economical to install due to simple horizontal mounting hardware and unique air-flow properties of the solar panels.

Solyndra’s panels are fully certified for European solar installations and have independently-validated performance from multiple sources. The panels have received International Electro Technical Commission (IEC) and product certifications as well as GSE qualification for the Italian feed-in tariff system. Independent validation of the Solyndra PV system’s energy yield performance has been done by leading institute Fraunhofer ISE of Freiburg, Germany and compared to field data from multiple international installations. Solar project developers and investors can now rely on Fraunhofer ISE for accurate, independently-validated system energy yield performance forecasts for Solyndra systems.

Solyndra has more than $1.5 Billion in orders and is entering its second year of international commercial shipments to customers in Europe and the United States. The company is already active in Europe with international solar power project integrators such as Phoenix Solar and Gecko Logic of Germany and leading international roofing systems manufacturer Carlisle Energy Services.

About Solyndra
Solyndra designs and manufactures photovoltaic systems, comprised of panels and mounting hardware, for the commercial rooftop market. Solyndra employs high-volume manufacturing based on proven technologies and processes to meet the needs of the global solar market. Using proprietary cylindrical modules and thin-film technology, Solyndra systems are designed to provide the lowest installed cost per system and the highest solar electrical energy output for typical low slope commercial rooftops. Headquartered in Fremont, CA, Solyndra operates a state-of-the-art 300,000-square-foot fully automated manufacturing complex. Learn more at www.solyndra.com.