Tuesday, June 16, 2009

10 MW Supply Agreement with First Solar

Some Solar Stock news:

Lend Lease Announces 10 MW Supply Agreement with First Solar

By Chip Brian, SmarTrend Analytics Team
Lend Lease announced Monday that its construction and project management business, Bovis Lend Lease, has signed a supply agreement with First Solar (NASDAQ:FSLR) for 10MW of solar panels. Lend Lease hopes to leverage this relationship in its Australian construction business as well as its existing development portfolio. Bovis Lend Lease's Australian CEO Tony Costantino said, "We are pleased to be working with First Solar, one of the leading solar companies, and to be entering the solar procurement market. This relationship allows us to meet the growing demands in renewable energy for our clients and ensures that solar energy is a consideration on every project. We look forward to working together on future opportunities." He continued, "First Solar's panels are perfectly suited for Australia's climate because they perform better than other PV technologies in high temperatures."

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