Tuesday, March 5, 2013

Panasonic and Pristine Sun form strategic relationship to build 50MW of California solar farms

USA: Panasonic Eco Solutions Energy Management North America and Pristine Sun have aligned to begin the first phase of a portfolio build-out of solar PV farms in California over the next 24 months.

50MW of solar power will be connected to the grid and sold to PG&E, which is enough to power approximately 50,000 homes. Together Panasonic and Pristine Sun are the leading integrators in the PG&E Feed-in Tariff program, setting a model that is scalable as both companies continue to entrench themselves as leaders in the US utility solar market.

Koshi Terakawa, president of Panasonic Eco Solutions Energy Management North America, said: "The partnership with Pristine Sun provides Panasonic the ability to further present itself as a leading integrator of solar solutions within the ever-evolving US solar market. This 50 MW portfolio will allow Panasonic to showcase its ability to construct high quality solar energy systems and to present its new 12kW dual-axis tracker to the market.

"Our technology provides a more robust return on investment to project owners based on the high-quality, low maintenance, low cost strategy that has been utilized in engineering this new and evolutionary product that tracks the sun all day. With this, Panasonic can successfully state that this is the industry's first Tier 1 tracker backed by the largest balance sheet in solar today."

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