SolarPower Restoration Systems Inc., a developer of building- and roofing-integrated photovoltaic application technologies, has signed a multi-year purchase agreement with SBM Solar Inc.
Under the contract, SolarPower Restoration Systems plans to purchase SBM Solar modules over a two-year period starting this April. The SBM modules will be delivered according to SolarPower Restoration Systems' specifications for a new non-glass polymer surfaced composite panel and crystalline modules designed by SBM Solar for SolarPower's SolarSeal Technologies licensed partners' rapidly growing system requirements.
This supply agreement is an outgrowth of the strategic alliance formed earlier last year by both companies to develop and manufacture new building-integrated photovoltaic systems for the commercial roofing and building product industries. Both companies plan to expand their cooperation to further speed the development and deployment of new, highly efficient and low-cost non-glass, polymer-surfaced crystalline PV solar modules for roofing and building envelope systems.
SOURCES: Solar Power Restoration Systems Inc., SBM Solar