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Mar 19th, 2012
Solar Frontier and Belectric form joint venture for solar power plants
Germany-based Belectric and Japan-based Solar Frontier, the world’s largest solar EPC and the world’s largest manufacturer of CIS thin-film solar modules, have announced they have formed a new joint venture company, PV CIStems GmbH & Co. KG.
The company will develop, build and sell both ground- and roof-mounted photovoltaic power plants. By combining Belectric’s profound EPC and project development experience with Solar Frontier’s deep panel know-how, PV CIStems offers customers worldwide turnkey solutions using high quality components for cost-efficient solar power generation. PV CIStems is the result of a global framework agreement to establish a deeper working relationship between Belectric and Solar Frontier as the two companies strive to continue providing clean, affordable and grid-stabilizing solar energy through lower systems and maintenance costs. Belectric and Solar Frontier are building on and accelerating the model of development and deployment created by the two companies in previous successful projects.
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