ABEL ReTec Signs Purchase Agreement For Abound Modules


Abound Solar, a manufacturer of thin-film photovoltaic modules, has agreed to a long-term purchase agreement with ABEL ReTec, a German developer of turnkey renewable energy projects.

Abound Solar also reports that it has initiated its agreement with ABEL ReTec with the sale of 1.2 MW of Abound Solar's AB1-series modules, which were shipped during the second quarter.

"This deal demonstrates Abound Solar's continued ability to sell solar modules in a highly competitive market, such as Germany, and builds on our track record in expanding our exports and adding jobs," says Tom Tiller, CEO of Abound Solar.

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