News 2008

Solsonica signs multiyear module supply contract with TerniEnergia

Cittaducale (Rieti), Italy - Solsonica S.p.A., the leading Italian company in the production of Phovoltaic cells and modules, has entered into a 3-year sales contract with TerniEnergia, which is active in the renewable energy industry sector, particularly in the photovoltaic segment where it operates as a system integrator.
Under the terms of the three-year agreement, Solsonica will supply TerniEnergia with a maximum of 29 MW with undersigned commitment for approximately Euro 35 Millions.

"This supply – underlines Enzo D'Antonio, Chairman of Solsonica – comes as a part of others multiyear contracts already signed by Solonica with leading Italian and foreign companies and will also help Solsonica to properly optimize its production capacity that, beginning next year, will be boosted by additional new state-of-theart cells and modules manufacturing lines."

"We wish – Mr. D'Antonio says – to build with TerniEnergia a good cooperation in the near future, through the exchange of industrial expertises aimed to improve the quality and efficiency of PV Systems".

Thanks to this agreement, Solsonica strengthens its position in the promising Italian PV Market, as confirmation of its industrial capability and aptitude to answer in a proper way to customers' needs, proving to be one of the key players in the European market of renewable energies.

Cittaducale (Rieti), October 13, 2008