Powerway & Shoals Technologies Sign an Alliance Agreement for South Africa PV Market

Published on 1 Aug 2013
Powerway  Shoals Technologies 
August 1, 2013 - Shoals Technologies and Powerway announce the signing of a strategic alliance agreement with the long-term perspective to jointly develop the photovoltaic market in South Africa and other countries in the African continent.

Through the strategic alliance Shoals Technologies and Powerway Solar Solutions South Africa have established a joint venture enabling the production of Shoals' industry leading balance of systems components, at a newly acquired state of the art facility in Coega, Port Elizabeth, South Africa.

"Powerway is one of the leading suppliers in the PV industry's emerging markets, and has over the last two years established a strong footprint in South & Sub-Sahara Africa. We have been considering an alliance in the African market with a partner who has the technical know-how, market exposure, as well as BBBEE Credentials.

I am excited to launch this new alliance with Powerway as it will enable the production and supply of our BOS components to the booming South African market in accordance with local content requirements." Said Mr. Dean Solon, President & CEO of Shoals Technologies.

"Powerway is committed to offer the market in South Africa a one stop solution, supplying PV power plant projects with solutions in a cost effective way; also assuring customers of acquiring the highest local content level. Powerway has now partnered with Nari, JA Solar, and is now proud to be associated with Shoals, the world's leading BOS manufacturer.

We are now a total solution provider to the solar industry in South Africa", said Mr. Benson Wu, CEO of Powerway.

Powerway and Shoals will work hand in hand to provide local solutions to EPC's and solar farm developers in the South African and the Sub-Saharan market.


Source: Powerway
ENF Profiles For Companies Mentioned in This Article

Powerway (Solar Components): http://www.enfsolar.com/directory/component/12255
Shoals Technologies (Solar Components): http://www.enfsolar.com/directory/component/7693
Shoals Technologies (Solar Materials): http://www.enfsolar.com/directory/material/7693
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