San Francisco/Bitterfeld-Wolfen, March 8, 2011, Q-Cells North America has signed an 83- megawatt solar cell supply agreement with SunPower Corp. (Nasdaq: SPWRA, SPWRB). Q-Cells solar technology will be used in select commercial and utility scale solar projects.
"SunPower has a history of delivering highly-efficient, highly reliable solar systems, and Q-Cells solar cells align well with our panel manufacturing operations," said Howard Wenger, president, utility and power plants, SunPower Corp.
"Since 2005, the solar industry has grown more than 60 percent per annum and is expected to expand up to 34 gigawatts by 2015, according to industry experts," said Marc van Gerven, CEO of Q-Cells North America. "Q-Cells helps to define the industry's standards for quality and reliability and this agreement gives us the unique opportunity to address this growing global demand."
Source: Q-Cells SE