Ann Arbor, Mich.-based Solar Acquisition Corp. (SA) has signed an agreement to form a joint venture with Power-Save Energy to offer solar products and services to the retail market.
Under the proposed joint venture, SA and Power Save will offer products and services to individual users in the U.S. market. Power-Save currently markets its solar panels directly to the end user through a national network. Solar Acquisition expects to develop additional opportunities as a result of its anticipated activities in the commercial and municipal markets.
The companies expect to conclude the operating agreement within 60 days.
SOURCE: Power-Save Energy