juwi will work closely with DayStar in the early stages of production to test and evaluate modules in field installations and assist with third party qualifications required for financing large utility power plants.
The letter of intent will conclude when the two companies enter into a definitive sales agreement that would commit juwi to procure up to 25% of DayStar’s production through 2011.
Terry Schuyler, DayStar’s vice president of sales and marketing, said: We are very excited to add juwi solar to our growing family of highly qualified sales partners. The experience they have with thin film modules in particular will be invaluable to our commercialization activities.