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Siemens Energy and Suntech Enter framework agreement for PV panels

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Siemens Energy and Suntech Enter framework agreement for PV panels

Joint Press Release of Siemens AG and Suntech Power Holdings Co., Ltd. -Jan-27 Siemens Energy has signed a framework agreement with Suntech Power the world’s largest manufacturer of photovoltaic (PV) modules. The photovoltaic modules to be supplied under this umbrella agreement are for several projects in Europe. “Siemens is offering EPC solutions for photovoltaic plants,” said Martin Schulz, Vice President 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 has secured orders for photovoltaic plants with a combined capacity of over 80 MW 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, stated: “We are excited to establish a strategic cooperation with a strong partner such as Siemens

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