approximately five years, Flextronics (NASDAQ: FLEX) today announced that it has once again been selected to partner with SunEdison (NYSE:SUNE) to manufacture its solar modules—this time, in Mexico. SunEdison is the world's largest renewable energy development company and these solar modules will be primarily used in the USA for residential, utility and commercial photovoltaic (PV) projects.
Flextronics will begin the full volume manufacturing in the first quarter of calendar 2015 at its center of excellence for solar module manufacturing facility in Ciudad Juarez, Mexico. SunEdison chose to manufacture at Flextronics in Ciudad Juarez given the strategic location bordering the United States, just south of El Paso, with access to all major U.S. rail lines and highways for fulfillment.
"We are proud to apply our innovative supply chain services to help SunEdison achieve their goal of providing clean and smart energy solutions", said Scott Graybeal, Flextronics senior vice president of Energy. "This latest business award will increase our manufacturing capacity to more than 1.7 gigawatts, underscoring our leadership position as the largest supply chain solutions provider for solar modules. SunEdison has been a long time partner, doing business together since May 2011, and in January 2013 hit a milestone of the production of the one millionth Silvantis® solar module at our Flextronics facility in Port of Tanjung Pelepas (PTP), Johor, Malaysia. "We are extremely proud of our strong partnership and are thrilled to support their manufacturing expansion into Mexico and look forward to sharing more successes together," added Graybeal."
According to Solar Energy Industries Association (SEIA) and research, the U.S. will install an estimated 8.5 GW of solar modules in 2015 which includes utility-scale, residential and commercial rooftop installations.
"Partnering with Flextronics enables us to economically scale manufacturing solutions in different geographical areas to support our market growth," said Tony Etnyre, GM and vice president of Solar Module Operations at SunEdison. "In Ciudad Juarez, Flextronics has successfully deployed a full turnkey PV module manufacturing solution, from line design to volume production, matching our existing manufacturing capability. He added, "Flextronics' global footprint positions us to grow local capacity in high demand regions."
www.sunedison.com
