Thursday, 31 July 2014
Last updated 2 hours ago
Dec 1 2009 | 12:17am ET
California-based Solyndra, Inc., a manufacturer of photovoltaic (PV) systems for commercial rooftops, has signed a multi-year framework agreement worth up to $105 million with Italian solar integrator Sun System S.p.A..
Solar panels for the euro-based agreement will be manufactured at Solyndra’s facilities in Fremont and Milpitas, California, and will be installed on commercial rooftops in southern Europe, according to Solyndra CEO and founder Dr. Chris Gronet.
Solyndra’s cylindrical, thin-film PV systems are designed to generate more electricity on an annual basis from typical, low-slope commercial rooftops, while providing much lower installation costs than conventional flat-panel PV technologies.
Dr. Domenico Ruggeri, Sun System’s technical director, said Solyndra’s technology sets “a new standard of performance” compared to conventional PV technologies in terms of installation cost, rooftop loading, non-penetrating wind performance and per-roof energy production.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…