Contract Success For Solyndra

Solyndra, Inc.
has announced it has signed a new long-term sales contract with solar integrator
EBITSCHenergietechnik, based in Zapfendorf,
Germany. The
Euro-based contract, worth up to $115 million, extends through 2013 and brings
Solyndra's contractual backlog to approximately $1.8
billion. The solar panels for these contracts will be manufactured at Solyndra's facilities in Fremont and Milpitas, California. 

"We are
very pleased to announce this relationship with EBITSCHenergietechnik, a true pioneer in the field of
renewable energy with more than 20 years installation experience. Together with
Solyndra's innovative PV systems, EBITSCHenergietechnik's strong presence in
Germany and elsewhere in
Europe should lead to world-class  photovoltaic installations in the fastest
growing markets for commercial scale solar,"

said
Dr. Kelly Truman, 
Solyndra's VP of Marketing, Sales and Business
Development.

Solyndra's
cylindrical, thin film PV systems are designed to generate more electricity on
an annual basis from typical low-slope commercial rooftops, while uniquely
providing much lower installation costs than conventional PV flat panel
technologies.

"The
photovoltaics market is fast moving, so it is important to keep your eyes open
for new products. Solyndra's solution dramatically
changes the model for installation of PV systems, expanding the market by
addressing large numbers of industrial rooftops which are not economically
viable with other PV technologies.  We're
confident that we have taken a smart step into a sunny future with Solyndra," said Horst Ebitsch,
founder and managing director of EBITSCHenergietechnik.