China Sunergy Co., Ltd., a specialized solar manufacturer, and Pythagoras Solar, a manufacturer of building integrated photovoltaic (BIPV) products, have announced their agreement to co-market and adv…
China Sunergy Co., Ltd., a specialized solar manufacturer, and Pythagoras Solar, a manufacturer of building integrated photovoltaic (BIPV) products, have announced their agreement to co-market and advance the development and scale manufacturing of BIPV products from 2010-2015 in China. As per the agreement, both companies will use Pythagoras Solar“s transparent, high power photovoltaic glass units (PVGU) to capitalize on opportunities in the growing BIPV market. “Pythagoras Solar“s BIPV products are a foundation for progress in areas of critical importance for our company as we work to broaden our technology portfolio,” said Stephen Zhifang Cai, CEO, China Sunergy. “We look forward to supplying an important partner with our market leading solar concentrator cells and believe that both companies will benefit from our joint efforts.” China Sunergy will work with Pythagoras Solar to supply up to 75 MW of high-efficiency solar concentrator cells in five years to boost the proliferation of PVGU products. Pythagoras Solar“s PVGU products combine the modularity and insulating benefits of standard insulating glass units (IGU) with solar power generation and architectural adaptability. The companies could also cooperate in the reselling and production of Pythagoras Solar“s PVGU products by China Sunergy; and the development and supply of new solar concentrator cells to further enhance BIPV systems. “This is an exciting time to be expanding our business in China and we feel that China Sunergy will be a strong partner to help us take advantage of the burgeoning demand for BIPV products and the high-growth Asian markets,” said Gonen Fink, Founder and CEO, Pythagoras Solar. “China Sunergy provides us with the opportunity to quickly scale manufacturing capacity in a joint effort that will maximize the potential of our respective technologies and strengths. We believe that the triple value benefits of our PVGU products will help transform the green building industry and help in making energy efficiency a reality for the mass commercial market.”