Feb 19 2008
ICP Solar Technologies Inc., a developer, manufacturer and marketer of solar panels and products, today announced it has entered into a strategic alliance with Ibersolar Energía, S.A. one of the leading European distributors and suppliers of solar photovoltaic systems, solar thermal systems and absorption units.
Under the agreement, Ibersolar will distribute ICP Solar's range of Sunsei products via its sales channels across Europe to its hundreds of solar products dealers. Ibersolar will provide customer, warranty and repair support for all ICP consumers in Europe, as well as engineering and certification services for ICP Solar's patented thin film rooftile and metering products.
"We are very excited to be working with Ibersolar," said ICP Solar CEO and Chairman, Sass Peress. "They are the best conceivable strategic partner to support our efforts to expand in Europe. Ibersolar is a leader in the solar product business with unparalleled distribution capabilities and experience. Additionally, their team of engineers will help ICP Solar tune its offerings to European requirements. This relationship is a perfect example of our strategy of broadening our sales and engineering reach through alliances.
Juan Camilo Echeverri, President and CEO, Ibersolar Energia, said "We are happy to be a part of ICP Solar's growth plans. Our understanding of the European market, strong brand presence, distribution reach and experience developing and marketing solar products to the European customer should be a perfect match for ICP's growth strategy. I am confident that the alliance will be mutually beneficial for both the companies and the future will see us growing and further strengthening our relationship."