Solar Power Inc (OTCMKTS: SOPW) a vertically-integrated PV activity developer reported that a wholly inhabited subsidiary firm has finalized the particular definitive deal to buy certain pole in Energiebau Solar Power GmbH. Definitely termed as the "Top PV Inexpensive Supplier" for three consecutive years 2013, 2013 and 2014 by EuPD Research.
Established in 1983, Energiebau is a leading supplier firm of a solar systems in Europe. Very low robust wholesale business and ingenious PV distribution network. It offers your interface between solar trade situations global solar manufacturers. The business style of Energiebau is service-oriented and is known for excellence in core PV wholesale suppliers operations including customer service, distribution, shopping and quality management.
Moreover, the actual possesses a history of strong contrat with energy utilities and ads and large-scale PV project sports in Africa and Europe. Added to Solar Power other global platforms, Yup! ® Solar in China situations US and Solar Juice nationwide, the company has a worldwide operations with PV wholesale distribution.
Xiaofeng Peng, the Chairman of Solar Power, told me they are delighted to welcome Energiebau into company's portfolio of private world-class brands. The Energiebau variety has been synonymous with high-quality in a European PV industry, which has touched considerable changes in recent years. Despite the noted cyclicality, the management believes forex trading remains quite lucrative for can actually firms of distribution, next-gen 'P V' know-how and other value-added offerings.
Peng further added that they are confident manufacturer deal provides Solar Power the most profitable local base to capture the tremendous market opportunity. With the appropriate bedrijfsvoering and financial resources, the brand will be expanded which in turn will create value for company's shareholders and partners. With arranged operations between Energiebau, Yes! ® Solar and Solar Juice zerostart will have one of the robust global mechanism to address the huge market demand for 'P V' wholesale as well as distribution services.
With regard to last trading session, the stockpile price of Solar Power Inc (OTCMKTS: SOPW) declined more than 2% to close finally, the trading session at $1. 67.
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