Suntech Power, Open Energy Sign Solar Roof Membrane Licensing Deal

Suntech Power Holdings Co. Ltd. and Open Energy Corp., a developer of building-integrated PV (BIPV) products, energy management applications and solar energy solutions, have entered into an exclusive agreement to license Open Energy's building-integrated solar roof membrane product.

Under the terms of this license, Suntech will undertake the worldwide manufacture, distribution, sales and marketing of Open Energy's solar membrane product. The frameless, flat-roof membrane will be marketed by Suntech under the SolarEze brand to highlight its ease of installation, even over existing roofs, with no structural reinforcement typically required. Suntech is currently evaluating distribution alternatives and evaluating sales channels in every region of the world.

SOURCE: Suntech Power Holdings Co. Ltd.

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