"With the development and growing importance of solar farms in the U.S., the time is right for us to form our U.S. venture," said Hansjorg Lerchenmuller, CEO of Concentrix Solar.
The company’s new U.S. subsidiary – Concentrix Solar, Inc. – is based in San Diego, where Concentrix Solar installed a concentrated photovoltaics (CPV) demonstration system last July to test its solar modules under California’s climate conditions. Since its installation, the six kilowatt system has shown exceptional performance, achieving 25 percent efficiency in generating electricity.
After evaluating the market potential for Concentrix Solar’s CPV technology, the company decided to open its first U.S. office, which will be led by new general manager of business development, Clark Crawford.
The company’s multi-junction CPV module has also achieved a listing with the California Energy Commission (CEC). This listing is vital to doing business in California and a key step in financing commercial projects with customer companies and state energy utilities, says Concentrix. Concentrix Solar’s CX-75 module has now been listed by the CEC after testing at TÜV Rheinland Photovoltaic Testing Laboratory LLC in Tempe, AZ.