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August 27, 2015 11:04 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Suniva Inc.

Company Overview

Suniva Inc. manufactures crystalline silicon photovoltaic solar cells and modules in the United States. Its products include monocrystalline modules and monocrystalline cells. The company’s products are used in various applications and industries, such as residential and micro-utility applications; corporations in a range of industries, including manufacturing, healthcare, transportation, retail, and logistics; and federal, state, and municipal government agencies. It offers its products through a network of distribution partners and resellers in the United States and internationally. The company was formerly known as Solarity Inc. and changed its name to Suniva Inc. in September, 2007. The ...

5765 Peachtree Industrial Boulevard

Norcross, GA 30092

United States

Founded in 2006

Phone:

404-477-2700

Fax:

404-477-2709

Key Executives for Suniva Inc.

Chairman, Chief Executive Officer and President
Founder, Chief Technology Officer and Director
Chief Financial Officer
Age: 58
Chief Engineering Officer
Vice President of Module Operations
Compensation as of Fiscal Year 2015.

Suniva Inc. Key Developments

Suniva, Inc. Announces its High-Powered Optimus Modules Powers Ft. Custer in Michigan

Suniva Inc. announced that its high-powered Optimus modules are powering the Michigan Army National Guard’s Ft. Custer. As part of President Obama’s executive order for military installations to generate 25% of their electrical power from renewable sources by 2025, Ft. Custer has installed a high-powered solar system. The Suniva panels were procured from AEE Solar by general contractor L.D. Dosca, and installed by Four Elements Energy Inc. The power produced will offset about 6% of the National Guard’s energy consumption. Discussions to build a second phase are underway.

Suniva and Vista Solar Partner to Power California

Vista Solar and Suniva have partnered to power multiple rooftops in Brisbane, Hayward, Mountain View, Santa Clara, and Los Angeles, California. Optimus 325W modules were used in these applications to maximize the power on the rooftops for The Vita Companies, Lettieri & Company, Tiao Peng Trading Inc., and Cathay LA, among others. Suniva and Vista Solar continue their partnership to provide California with American-made solar power as they near the completion of another 1MW, scheduled to be live in June 2015.

Suniva Powers Larger Rooftop Solar System in Florida

Suniva Inc. announced that it is powering larger rooftop solar system in Florida. The energy generated from the array, designed and installed by Tampa-based Solar Energy Management with ARCO/Murray Construction Company as the General Contractor, is slated to decrease the facility’s power costs by 90%. Suniva’s high-powered Optimus 330W modules were used for the 1.5MW solar installation for Great Bay Distributors. The company will also use part of the 246,000-square-foot commercial building to house their new headquarters. The Suniva modules are just one American component of this notable project as Great Bay CEO, Ron Petrini, insisted that the entire project be American-made. ARCO/Murray, a turnkey design and construction solutions company based in Florida, was the builder for the commercial warehouse. In addition to the 1.5MW solar system, the building contains several other energy saving features such as LED lighting, insulated concrete tilt-wall panels, and natural gas water heaters and generators.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 13, 2015
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