Suntech and Siemens sign module supply agreement

pv magazine is waiting to hear back from the companies r.e. how much the deal is worth and how many modules are expected to be delivered. However, they did say the modules are for several projects in Europe.

"Siemens is offering EPC solutions for photovoltaic plants," comments Martin Schulz, vice president of Photovoltaics Siemens Renewable Energy Division. "With Suntech we have a bankable partner to provide reliable photovoltaic plants to our customers."

In the last seven months Siemens says it has secured orders for PV plants with a combined capacity of over 80 megawatts from six different countries. As EPC contractor, the company handles the turnkey construction of solar power plants combining in-house components such as inverters or transformers and independent panel sourcing as well as local sourcing.

Jerry Stokes, president of Suntech Europe, adds: "We have already started executing on the agreement for projects developed throughout Europe. Siemens’ global presence facilitates joint projects in Europe as well as in other parts of the world."