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MiaSolé signs multi –year purchase agreement with juwi Solar

Oilfield Technology,

MiaSolé, the US based manufacturer of Copper Indium Gallium Selenide (CIGS) thin-film photovoltaic solar panels, today announced the completion of a multiple year purchase agreement to supply CIGS modules to juwi Solar GmbH, based in Germany.

“The long-term nature and volumes outlined in the current supply agreement with MiaSolé enable juwi to continue its plan of rapid growth,” said Lars Falck.

The agreement outlines 50 MW of shipments in 2011 and a total of 600 MW to be shipped over the period of the agreement. The framework agreement represents the next step in what has been a long term relationship between the two parties. Juwi is a renewable project developer, to date, juwi has installed around 1300 PV systems with a total capacity of over 500 megawatts, among them one of the world's largest solar power plants in Eastern Germany, and more than 400 wind turbines with a total output of about 600 megawatts.

“juwi has an excellent history of developing and executing projects on a number of continents,” said Joe Laia, CEO of MiaSolé. “We are happy to align our corporate strategy with their history and experience.”

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