Eclipsall Signs Supply Agreement with Genesis Solar

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Eclipsall Energy and Genesis Solar (Canada) today announced a supply agreement under which Eclipsall will be supplying PV solar panels for up to 400 MW of solar projects.

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Eclipsall Energy and Genesis Solar (Canada) today announced a supply agreement under which Eclipsall will be supplying PV solar panels for up to 400 MW of solar projects. Genesis Solar is a Swiss based entity, having cultivated its pipeline through its alliance with Bilagot Energy and its development arms L910 Inc. and FPDI Inc.

Genesis Solar (Canada) is executing its investments in solar projects in Ontario, starting with the initial investment of 55 MW of projects in 2012 followed by subsequent projects in its pipeline along with its international solar portfolio.

During the course of the agreement, Eclipsall will be supplying solar panels from its Toronto manufacturing facility. The company expects this new business will require them to expand manufacturing capacity from the current 64 MW to 128 MW in the first half of 2012 and in all likelihood further expand to 200 MW by the of next year.

Longer term, of the total of 400 MW of solar projects the agreement represents, approximately half will be solar projects in Ontario. The other half will be projects located in Europe, the UK in the USA.

Delivery of the first phase of products under the agreement will begin in November of this year for Genesis’ rooftop project portfolio in Ontario and the UK.

Eclipsall will also be providing engineering, procurement and construction services (EPC) from their EPC division - Eclipsall Solar. As part of the agreement, the racking systems and inverters for the various projects will be supplied from Eclipsall's alliance of manufacturing companies.

Eclipsall Energy Corp. was established in 2009 and is on target to become a leader in the manufacturing and distribution of high performance PV modules. The company’s manufacturing and head office operations are located in Toronto, ON where it focuses production on high performance monocrystalline PV modules in both 60 and 72 cell configurations.

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Shaun Markey
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