MEMC Singapore Pte. Ltd., a wholly owned subsidiary of MEMC Electronic Materials, Inc. (NYSE:WFR), and Flextronics (NASDAQ:FLEX), today celebrated the production of the one millionth MEMC Silvantis solar module at the Flextronics facility in Port of Tanjung Pelepas (PTP), Johor, Malaysia.
The MEMC Silvantis solar modules are installed around the world at commercial and utility scale photovoltaic (PV) projects developed by MEMC's solar energy subsidiary, SunEdison, and other global customers of MEMC. Flextronics began manufacturing solar modules for MEMC at PTP in May 2011 following a strategic relationship expansion agreement between the companies. It is estimated that over the course of 20 years, the solar energy produced by these modules will deliver enough electricity to power approximately 700,000 households and offset carbon emissions equivalent to removing over one million cars from the road.
"Flextronics is extremely proud to be helping MEMC achieve its goal of making solar power an economically viable and ubiquitous energy source," said Jeannine Sargent, Flextronics President, Energy. She added, "Today's milestone underscores what companies can achieve when they work together to leverage core expertise for a common goal."
Flextronics PTP was selected to manufacture MEMC's solar panels due to its highly-experienced team and close proximity to solar cell suppliers and the Port of Tanjung Pelepas, one of the world's fastest growing ports in South East Asia.
"Flextronics has been a reliable partner in helping us ramp up our module business," said Gokul Krishnan, General Manager, Modules Business Unit. "Their module manufacturing capabilities paired with our product design expertise is helping us deliver exceptional value to customers. Achieving a one million module milestone is testament to the success of this alliance."