Zorlu Solar to become major distributor of First Solar modules in 26 countries
Post date: 14/02/2017 - 17:42
US thin-film module producer First Solar Inc. has entered into a collaborative sales agreement with Zorlu Holding, A.S., a Turkish business and industrial conglomerate, to distribute its thin film PV modules in 26 selected markets, including Turkey, Afghanistan, Albania, Bosnia, Bulgaria, Cyprus, Georgia, Kosovo, Macedonia, Pakistan, Romania, Serbia, Turkmenistan, the Ukraine, and the Commonwealth of Independent States (CIS).
As part of the agreement, First Solar will transition its existing Business Development resources in Turkey to Zorlu Solar and will close its office in Istanbul. First Solar established a presence in Turkey in 2014, said Stefan Degener, First Solar’s Head of Business Development for Europe, Turkey, and Africa.
According to the company, the sales agreement »is the latest of its kind to be signed by First Solar as part of the expansion of its global commercial footprint.« In 2015, the module manufacturer also entered into a strategic alliance with Caterpillar to market and sell Cat-branded solar panels, manufactured by First Solar, through its worldwide Cat dealer network