By Silicon Valley / San Jose Business Journal

Solyndra Inc. said Friday it has been awarded 20-year power purchase agreements to supply Southern California Edison with renewable electricity from 16.2 megawatts of rooftop photovoltaic solar systems.

Fremont-based Solyndra did not disclose financial terms of the deal.

Solyndra said the agreements were awarded to its wholly-owned subsidiary, Photon Solar LLC.

⿿Southern California Edison is demonstrating tremendous leadership in the application of distributed solar electricity to serve its customers and address the state⿿s renewable energy goals, and we are pleased to be selected as a part of this industry leading utility-scale rooftop power generation program,⿝ said Corby Whitaker, Solyndra⿿s vice president of North America Sales. ⿿Rooftop solar takes advantage of unutilized space to generate energy right where it is needed, eliminating the need for costly transmission lines and extensive environmental impact testing and permitting.⿝

Solyndra said its product was designed for large commercial and industrial rooftops and can be used on rooftops that require a distributed load of less than 3 pounds per square foot -- typical of ⿿big box⿝ retail, warehouse and other light industrial roofs which are not designed to support significant additional rooftop weight.

Photon Solar LLC intends to complete construction of the 18 rooftop systems comprising the 16.2 MW project during 2011. Construction of these PV systems is subject to California Public Utility Commission approval, financing of the project, certain permitting, and other customary closing conditions.

Copyright 2010 American City Business Journals
Copyright 2010