Solaria announced that SunEdison, the largest global renewable energy development company, has agreed to license Solaria's manufacturing technology to cost effectively mass produce its new line of ultra-high efficiency 400 watt solar modules.
"SunEdison's solar materials team has completed the development of the new 400 watt SunEdison ZERO WHITE SPACE solar module. This architecture squeezes more electricity out of the module by reducing the amount of unproductive white space surrounding each cell," said Bang Nguyen, SunEdison's vice president of solar materials operations. "By licensing Solaria's state-of-the-art manufacturing technology, we're able to get SunEdison ZERO WHITE SPACE modules to market much quicker. These new modules are our most efficient yet, and are ideally suited for home and business applications where space is limited."
"SunEdison is a visionary company and we are excited to enter into this collaboration to pursue our combined goal of accelerating the ubiquity of solar technology," said Suvi Sharma, CEO, Solaria Corporation. "Combining Solaria's high-density power generation solutions with SunEdison's market leadership will continue to accelerate the availability of affordable and efficient solar."
Building on an IP portfolio of more than 100 patents and a highly automated manufacturing line, Solaria's cost and efficiency improvements are unmatched for a variety of large applications. By leveraging its core technology to develop and deliver new applications, Solaria offers solar solutions optimized for rooftop and utility PV, building-integrated photovoltaics (BIPV), and greenhouses. Through Solaria's partnership-driven approach, Solaria enables market leaders across its three core segments to surpass competition via their own "powered by Solaria" branded products that leverage Solaria's leading edge technology.
About SunEdison
SunEdison is the largest global renewable energy development company and is transforming the way energy is generated, distributed, and owned around the world. The company develops, finances, installs, owns and operates renewable power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison is one of the world's largest renewable energy asset managers and provides customers with asset management, operations and maintenance, monitoring and reporting services. Corporate headquarters are in the United States with additional offices and technology manufacturing around the world. SunEdison's common stock is listed on the New York Stock Exchange under the symbol "SUNE." To learn more visit www.sunedison.com.
About Solaria Corporation
Solaria Corporation is a solar technology company that is paving the way for distributed, clean power generation through optimized solutions for a range of applications. Leveraging its proven core technology, field performance and sophisticated automation, Solaria delivers solutions that address a unique set of requirements for the BIPV, agriculture, rooftop and utility markets. Solaria headquarters are in California. For more information, please visit www.solaria.com.
