Q-Cells SE and Innotech Solar (ITS) have entered into a long-term partnership. Under the terms of this agreement, Q-Cells will sell all of its nonprime solar cells to ITS for conversion into PV solutions worldwide under the ITS brand name. The parties also have agreed to a transfer of certain reworking assets and staff from Q-Cells in Thalheim, Germany.
‘The strategic partnership with ITS is a very promising way to make best the use of our nonprime solar cells,’ says Timothy P. Ryan, sales director for Europe at Q-Cells. ‘ITS has the know-how and capacity to process these cells into very attractive modules and systems.’
SOURCE: Q-Cells SE