Kender Energy Inc., a development-phase solar energy company, has signed a memorandum of understanding with Malta Licensing & Distribution Network S.A., a Malta-based international distributor with exposure in over 12 countries worldwide. Initial commitments are for 500 solar units annually.
‘Malta is an island state without significant natural resources of petroleum products, and because of this, it has been an early adaptor of renewable energy out of necessity,’ states Sean Kelly, president and CEO of Kender Energy. ‘Malta's added benefit of being a hub for international trade is a tremendous advantage.’
SOURCE: Kender Energy Inc.