Building on a strong partnership of approximately five years, Flextronics (FLEX) announced that it has once again been selected to partner with SunEdison (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."
Flextronics is a leading end-to-end supply chain solutions company that delivers innovative design, engineering, manufacturing and logistics services to a range of industries and end-markets, including data networking, telecom, enterprise computing and storage, industrial, capital equipment, appliances, automation, medical, automotive, aerospace and defense, energy, mobile, computing and other electronic product categories. Flextronics is an industry leader with more than $26 billion in annualized sales, generated from helping its customers design, build, ship, and service their products through an unparalleled network of facilities and innovation centers in more than 30 countries and across four continents. Flextronics' service offerings and vertically integrated component technologies optimize customer supply chains by lowering costs, reducing supply chain risk, increasing flexibility, and reducing time-to-market. For more information, visit www.flextronics.com or follow us on Twitter @Flextronics.
SunEdison is the world's largest renewable energy development company and is transforming the way energy is generated, distributed, and owned around the globe. The company manufactures solar technology and develops, finances, installs, owns and operates wind and solar power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison is one of the world's largest renewable energy asset managers and provides asset management, operations and maintenance, monitoring and reporting services for its renewable energy customers around the world. Corporate headquarters are in the United States, with additional offices around the world. SunEdison's common stock is listed on the New York Stock Exchange under the symbol "SUNE." To learn more visit www.sunedison.com.