Solar Semiconductor, a producer of photovoltaic modules, has initiated a strategic partnership with IBC SOLAR AG, a distributor and systems integrator of solar PV products in Europe. This strategic partnership is valued at over $575 million over the next three years.
‘Solar Semiconductor is known for its high-quality PV modules and has a strong presence in European as well as other international markets,’ says Nava Akkineni, executive vice president at Solar Semiconductor. ‘Offering high-quality products has been the key differentiator for IBC SOLAR, so it is a natural synergy for these two companies to come together in a mutually beneficial partnership.’