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Solyndra Signs $320M Deal for Cooler Solar Roofs

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solyndraTubular solar startup Solyndra piled on more sales contracts and today announced a $320 million deal with Carlisle Energy Services, a newly formed division of Carlisle Construction Materials (s CSL). The deal is for 100 megawatts of panels over five years. Carlisle will work with an independent solar integrator to sell and install the cylindrical thin-film solar panels in conjunction with its Energy Star-certified, cool roof systems for commercial buildings.

The companies say that the reflective white roofing membrane boosts the electrical output of Solyndra’s solar panels, which can absorb sunlight from all directions, by 20 percent. Carlisle has already installed a Solyndra solar system on the roof of its roofing membrane manufacturing plant (see picture) and tells us the entire system went up in just one day.

This deal is in addition to Solyndra’s previously announced $1.2 billion in backlogged sales, which include contracts with German solar integrators GeckoLogic GmbH and Phoenix Solar as well as U.S.-based solar manufacturer and integrator Solar Power Inc. Today’s announced sale pushes Solyndra’s customer contracts up to $1.52 billion.


Solyndra’s special sauce is in its unique panel design. A photovoltaic copper indium gallium selenide (CIGS) compound is wrapped around a series of tubes until they resemble a row of black, fluorescent lights. Each module is curved to catch the maximum amount of light from any direction, so the panels don’t need to be carefully angled or laboriously secured like traditional PV panels.

Solyndra currently operates a fabrication line at its headquarters in Fremont, Calif., and has a planned manufacturing facility in nearby Milpitas. The 300,000-square-foot Fremont facility has a production capacity of 110 megawatts and, when completed, the Milpitas plant will add 420 megawatts of capacity.

The company just came out of stealth last month but was founded three years ago. Solyndra says it has already raised more than $600 million from investors like Redpoint Ventures, RockPort Capital, Argonaut, CMEA Ventures, U.S. Venture Partners, the Walton Family Fund, Madrone Capital, Abu Dubai’s MASDAR and Richard Branson’s Virgin Green Fund.

Images courtesy of Solyndra and Carlisle.

5 Responses to “Solyndra Signs $320M Deal for Cooler Solar Roofs”

  1. Philemon A. Ilawole

    Iam inquiring about your Solyndra solar roof system.for Nigerian market.Presently Nigeria is going through a deteriorating energy cris. Previous regime has commited about $16.5bn in the last 8 years without anything to show for this and productivity has almost come to a halt. Both residential and industrial sectors cannot boast of 10 hour power supply per day.Your system can serve an immediate needs of some of these sectors since Nigeria has abundance of sunshine for most part of the year.
    I will need some details about this technolgy with which I can use in entering ito meaningful discussion with achitects and builders handling industrial building projects in Nigeria.
    Iam an unemployed Mba graduate in global management from the University of Phoenix Jacksonville Florida, but presently resident in North Hollywood, California 91606.
    I could be contacted on 818 442-7441 or 818 358 4363