Solyndra, Inc. Signs Sales Contract With GeckoLogic for Approximately $250 Million
Fremont, CA, Oct 23, 2008
Source: Solyndra Inc, press release/BusinessWire
http://www.solyndra.com/News/Press-Release-102308
Solyndra, Inc., a manufacturer of proprietary photovoltaic (PV) systems designed to optimize solar electricity production on commercial rooftops, announced it has signed a new long-term sales contract with solar integrator GeckoLogic GmbH, based in Wetzlar, Germany. The Euro-based contract value equates to approximately $250 million and extends through 2012. The GeckoLogic contract is part of Solyndra’s previously-announced total contractual backlog of approximately $1.2 billion. The solar panels for these contracts will be manufactured at Solyndra’s facilities in Fremont and Milpitas, California. (more…)