Solyndra reshapes Solar Panels for Commercial Rooftops
Proprietary panels designed to provide higher electricity output per rooftop and significantly reduced installation costs.
Solyndra announces more than $1.2 billion in customer contracts.
Fremont, CA, October 7, 2008
Source: Solyndra Inc, press release
http://www.solyndra.com/News/Press-Release-01
Solyndra, Inc. today announced a new solar photovoltaic (PV) system for the commercial rooftop market. Solyndra’s PV system is designed to generate significantly more solar electricity on an annual basis from typical low-slope commercial rooftops with lower installation costs than conventional PV flat panel technologies. Commercial rooftops represent a vast, underutilized resource and huge opportunity for generating solar electricity. Since its founding in 2005, Solyndra has been developing technology and ramping manufacturing capacity to produce its proprietary CIGS-based thin film PV system. Solyndra is currently shipping its systems, comprised of panels and mounting hardware, to fulfill more than $1.2 billion of multi-year contracts with customers in Europe and the United States. (more…)