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Solyndra Pens $105M Agreement

Photonics.com
Nov 2009
Solyndra Inc., a manufacturer of proprietary photovoltaic systems for commercial rooftops, announced it has signed a new multiyear framework agreement worth up to $105 million with solar integrator Sun System SpA, based in Milan, Italy. According to the Solyndra, its cylindrical, thin-film photovoltaic 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 photovoltaic technologies. The solar panels for this Euro-based agreement will be manufactured at Solyndra’s facilities in Fremont and Milpitas, Calif.



GLOSSARY
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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