US energy majors Stion and Synnove Energy partner for 4 MW project in Mauritius
US energy majors Stion and Synnove Energy are proud to partner over projects providing a clean and low-cost electricity source for Mauritian residents, where it may be noted that the cost and installation advantages of distributed solar energy are key for the country’s continued growth. (Image: sunwindenergy.com )
California-based Stion announced the shipment of Stion Elevation STL 140 and 145 frameless solar modules to fellow US company Synnove Energy for a 4 MW solar project on the island of Mauritius, on 12 May 2015.
Stion is a manufacturer of high-efficiency thin-film solar modules which aim to improve the cost and performance of solar energy through superior manufacturing and R&D technology.
Founded in 2006 and headquartered in San Jose, California, Stion has developed strong partnerships with industry leaders like Taiwan Semiconductor Manufacturing Company (TSMC) while maintaining USA-made independence. This flexibility allows Stion to drive quality, reliability and innovation through best-in-class equipment and process expertise.
Synnove Energy is a US based company founded in 2010 as a broad scope IPP focused on developing, building and operating grid connected renewable energy assets in investment grade emerging and middle markets. Fred Sisson, CEO of Synnove Energy, was previously the Co-founder and former EVP of REC Solar and a Co-founder of Mainstream Energy.
Located around 20 degrees to the south of the Equator, the tropical island of Mauritius has high average temperatures throughout the year, ranging from 73-85 degrees Fahrenheit. Stion’s industry leading temperature coefficient (-0.26% / °C) enables up to 10% greater energy yield than crystalline silicon.
“We performed a full system analysis with Stion and it was clear that their modules provided the best total return on our investment,” said Fred Sisson.
He added:“We also felt comfortable presenting Stion modules to our financial backers based on Stion’s project work with Washington Gas, and their recently implemented Munich Re insurance program.”
“Stion is proud to partner with Synnove Energy to deliver projects that provide a clean, low-cost source of electricity for Mauritius residents,” said Chet Farris, CEO of Stion Corporation.
”Mauritius is emerging as a key global financial services hub, and the cost and installation advantages of distributed solar are key for its continued growth. We look forward to continued collaboration with Synnove in building projects there,”he added.
Finally, Mauritius enjoys an important presence internationally and the financial services sector counts as an important pillar of the economy, with the Central Electricity Board (CEB) predicting a need of more than 200 MW of new power generation by 2022.
It is to be noted that Mauritius is seeking to increase the use of solar energy and the Solar Water Heater Project that started in 2008 aims to help Mauritian reduce its electricity consumption, carbon dioxide emission and establish emission norms which are in line with the Maurice Ile Durable Vision.
In 2014, some 18 Gwh of electricity were produced from solar energy and today Mauritius is viewed as an ideal location for a global reference model in sustainable energy production and economic development.
Source: Press release from PV Magazine