Energy Conversion Devices (ENER) Signs Supply Agreement With Mercury Solar Systems

Energy Conversion Devices now has a a multi-year direct supply agreement with Mercury Solar Systems. Under the agreement, Energy Conversion Devices will sell its UNI-SOLAR PV laminates to Mercury, and provide them with technical support for future PV installations. Mercury believes it will purchase 15 MW of the laminates from Energy Conversion Devices.

In a press release, executives from both companies commented on the deal:

Mark Morelli, ECD’s President and CEO, said, “This agreement expands the distribution of our UNI-SOLAR((R)) brand products in eastern United States, a market which we think has a tremendous growth potential. Mercury is an ideal partner given their expansive commercial infrastructure and successful experience in installing our products over the past several years. We look forward to working with them to grow the commercial rooftop solar market on the East Coast.”

Jared Haines, President, Mercury Solar Systems, said, “We have consistently been attracted to UNI-SOLAR products because of their flexibility, light weight, ease of installation, durability, and real-world performance. They offer the highest kWh per kW installed and are great for new roof installations especially in high wind areas.” He added, “Our partnership with ECD is just further validation of Mercury’s unwavering commitment to provide our customers with the highest quality products at the most affordable prices.”

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