Solar Frontier looks to have continued its reemergence into international PV markets with an announcement today that it will supply 100 MW of its modules to India. The deal, signed with Welspun Renewables, is continuation of the relationship between the two companies, with the Indian developer reporting that its decision is partly based on the superior electricity yield delivered through Solar Frontiers technology.
Todays announcement is the second major international supply deal for Solar Frontier, after the company announced one week ago that it had acquired a 280 MW U.S. project pipeline from Gestamp Solar.
Welspun reports that it has signed a number of PPAs with state governments across nearly all states in India.
Welspun Renewables is committed to achieving high level quality benchmarks at all of its project sites, and because of this we prefer to work with Tier 1 technology providers, said Welspun Renewables Director Sindoor Mittal, in announcing the supply deal.
This is a landmark agreement for Solar Frontier as we continue to develop our presence in key international markets with companies that are sustainable and show willingness to work closely together, said Solar Frontier CEO Atsuhiko Hirano.
Solar Frontier has indicated that its CIGS modules deliver higher energy yield per-kilowatt-peak installed than more commonly used c-Si modules. This is particularly so in hot climates, such as Indias where, where CIGS technologys beneficial temperature co-efficient and the light-soaking effect boosts output once modules are installed in the field.
After the booming Japanese market has absorbed well over 80% of Solar Frontiers output over the last two years, the company reports that it is re-engaging the global market, from the Americas to Europe, South and Southeast Asia.
While Solar Frontier is thought to produce modules at costs of around US$0.80/W from its Japanese fabs, in figures provided by IHS, it targets a cost reduction of approximately one third at its 150 MW Tohoku facility which is shortly to commence production.