SOURCE: Solar Semiconductor

Solar Semiconductor

August 19, 2010 15:41 ET

Solar Semiconductor Announces Sonepar Canada as a Strategic Distribution Partner

SUNNYVALE, CA--(Marketwire - August 19, 2010) -  Solar Semiconductor, a rapidly growing producer of high-quality photovoltaic (PV) products which holds the brand "Solar Semiconductor," today announced a strategic partnership with SONEPAR, a premium distributor of Electrical and Solar PV products in Canada and worldwide. This strategic partnership will give contractors and installers access to supply Solar PV kits meeting the Ontario Domestic content requirement.

A Win-Win partnership for Solar Semiconductor and Sonepar

"We are excited to partner with SONEPAR to offer PV products to the market. SONEPAR has solid experience in catering customer needs and worldwide presence. With Solar Semiconductor's high quality consciousness and focus on building solar solutions, this strategic relationship will have great synergies and ability to maximize product opportunities. The co-operation with SONEPAR is an important step taken for the channel expansion of 'Solar Semiconductor' branded products and kits. With this partnership, Solar Semiconductor is expected to achieve significant market penetration in Canada coupled with exceptional customer service and streamlined transaction procedures," said Mr. Nava Akkineni, Executive Vice President at Solar Semiconductor.

"We have been growing rapidly in the recent years in solar business and will continue that growth in the coming years. It is essential for Sonepar that we have a stable supplier of high quality modules, whose growth plans and product road map align well with our own development plans and requirements. In Solar Semiconductor, we have found a strong partner willing to listen and respond to varying requirements of our customers," commented Mr. David Rycroft, Vice President at Sonepar Canada.

About Solar Semiconductor

Solar Semiconductor is a pioneer in offering innovative solutions that leverage the sun's energy to address various demands on electricity. Solar Semiconductor is an international organization that offers PV solutions, products and services to worldwide markets including the Americas, Europe, Asia and Africa. It is a vertically integrated full service Systems provider which also manufactures its own PV modules and cells. Market segments addressed include Utilities, Government, Commercial, Residential as well as various specialized applications such as water pumping, rural or remote household (cabins) electrification and power for telecom cell towers. Solar Semiconductor has offices in USA, Canada and Dubai with manufacturing operations in Hyderabad, India. Solar Semiconductor's reputation for quality is backed by various certifications it has received from premier international testing organizations including CSA, UL and TUV.

Solar Semiconductor currently has a 195 MW manufacturing capacity in India and plans to expand this over the next few years. The company has also announced the construction of a photovoltaic solar panel manufacturing facility in Ontario, Canada. The company is exploring opportunities to construct a similar manufacturing facility in the United States. Over 900 employees contribute to the success of Solar Semiconductor. For more information, visit www.solarsemiconductor.com.

About Sonepar Canada

Sonepar Canada is a national electrical wholesaler comprised of six operating companies; CenturyVallen, Gescan BC, Gescan Prairies, Lumen, Osso Electric and Texcan. Established in 1984 with a network of 89 branches, the company's 1400 employees possess an extensive knowledge base of electrical products and applications. As an industry leader, Sonepar Canada is committed to sustainability, focusing on energy efficiency and renewable energy products.

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