BELECTRIC Trading and Solar Frontier: Strategic Partnership for Triple-Digit Megawatt Sales

BAVARIA, Germany, March 2, 2011 /PRNewswire/ -- BELECTRIC Trading GmbH has signed a three-year contract with Solar Frontier to sell and install Solar Frontier's proprietary CIS modules at a volume in the three-digit megawatt range, which will be produced primarily at Solar Frontier's new gigawatt-scale facility in Miyazaki, Japan. Solar Frontier's CIS modules have the competitive advantage of combining economical production with an intrinsically ecological technology. In combination with the Solar Frontier specialist sales and support team, BELECTRIC Trading will be able to apply its extensive expertise in planning and constructing solar installations while offering its customers high-performance thin-film solutions.

"Our visit of the gigawatt-scale production facilities in Miyazaki, Japan, exceeded all our expectations and we are convinced that Solar Frontier's CIS modules are ideal for our clients," said Martin Zembsch, Managing Director, BELECTRIC Trading Germany. The partnership will be an important step toward a prosperous future for the company. "Apart from the leading technology, important decision criteria were the giga-scale production capacity, expert consultancy and the sales support of the European Solar Frontier team. We are certain that this partnership between Solar Frontier and BELECTRIC Trading will help drive CIS to a leading position in the European thin-film market."

BELECTRIC is a pioneer in the photovoltaic industry, bringing great benefit to CIS and Solar Frontier. The Kolitzheim, Germany-based company is one of the few companies globally which implements free-field and roof installations. At the same time, BELECTRIC is considered a pioneer as regards service and innovation.

"I am very pleased that after recently signing agreements with two global companies, we are collaborating with BELECTRIC Trading, the world's largest solar EPC (engineering, procurement and construction) provider," said Wolfgang Lange, Managing Director, Solar Frontier Europe. "BELECTRIC Trading is an important strategic partner in our European expansion strategy with an outstanding expertise and track record. This contract is the start of a long-term cooperation and will initially focus on distribution with a volume in the three-digit range over three years."

BELECTRIC: BELECTRIC Trading GmbH (formerly Blitzstrom GmbH) is an international distributor of photovoltaic system components. The company is part of the BELECTRIC brand and offers customers worldwide its know-how and cost advantages achieved by a common sourcing strategy and the expertise of the BELECTRIC engineers.

Solar Frontier K.K.: Solar Frontier, a 100% subsidiary of Showa Shell Sekiyu K.K., established the world's first gigawatt-scale CIS module factory in 2011 with a mission to create the most economical, ecological solar energy solutions in the world, on the world's largest scale.

Showa Shell Sekiyu K.K.: Showa Shell Sekiyu K.K. is listed on the Tokyo Stock Exchange and has roots dating back more than 100 years in the downstream energy business.

Website: http://www.belectric.com

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SOURCE BELECTRIC Trading GmbH