The World's #1 Renewable Energy Network for News & Information
Sign In or Register
Renewable Energy World Logo
Wednesday, June 19, 2013
  • Sections
    • Home
      • News
      • Opinion & Commentary
      • Featured Blogs
      • Research & Reports
      • Video
      • Press Releases
      • All Blogs
      • Events
      • Products
      • Finance
    • Solar
      • News
      • Opinion & Commentary
      • Featured Blogs
      • Research & Reports
      • Video
      • Press Releases
      • All Blogs
      • Events
      • Products
      • Finance
    • Wind
      • News
      • Opinion & Commentary
      • Featured Blogs
      • Research & Reports
      • Video
      • Press Releases
      • All Blogs
      • Events
      • Products
      • Finance
    • Geothermal
      • News
      • Opinion & Commentary
      • Featured Blogs
      • Research & Reports
      • Video
      • Press Releases
      • All Blogs
      • Events
      • Products
      • Finance
    • Bio
      • News
      • Opinion & Commentary
      • Featured Blogs
      • Research & Reports
      • Video
      • Press Releases
      • All Blogs
      • Events
      • Products
      • Finance
    • Hydro
      • News
      • Opinion & Commentary
      • Featured Blogs
      • Research & Reports
      • Video
      • Press Releases
      • All Blogs
      • Events
      • Products
      • Finance
    • Careers
    • Companies
      • Company Directory
      • Press Releases
      • Products
      • Events Calendar
      • White Papers
    • Webcasts
      • Upcoming Webcasts
      • Featured Webcasts
      • Archived Webcasts
      • Events Calendar
    • White Papers
    • Magazines
      • Renewable Energy World
      • Wind Technology
      • Large Scale Solar
      • Hydro Review
      • HRW - Hydro Review Worldwide
      • Renewable Energy World (North America Edition)
      • Photovoltaics World
    • Awards
  • Account
    • Sign In
    • Register
  • Search

ITOCHU Acquires Solar Depot


July 02, 2007  |  1 Comments

Print
Petaluma, California [RenewableEnergyAccess.com] ITOCHU Corporation, jointly with ITOCHU International Inc., has agreed to acquire the business of California-based Solar Depot, Inc., a wholesale distributor and systems integrator of solar electric and solar thermal systems. Solar Depot will be operated as a 100% subsidiary of ITOCHU with immediate effect. ITOCHU Corporation is a diverse global trading company headquartered in Tokyo with annual revenues of more than $22 billion. ITOCHU Machinery Group has been supplying manufacturing equipment to solar module manufacturers globally for several years. After the acquisition, ITOCHU will aggressively develop Solar Depot's business throughout the U.S. market and expand the business to increase the supply of solar power modules, cooperate with module manufacturers. Through these activities, ITOCHU plans to grow its solar power-related annual business volume to $1 billion globally by the year 2010.

Related Links

  • Solar Depot, Inc.
  • ITOCHU Corporation

1 Comments

Register To Comment
Coy Ware
Coy Ware
November 6, 2012
I have had a nightmare with Solar Depot as the new Soligent company. It is so bad that I just wonder how many dealers have moved over to another distributor to get products.

Out of five orders I only received one on time. I then had to go elsewhere for two more jobs when I could not get any confirmations on time lines. One order involved a sale of items already sold. I was never notified of this mistake untiI I had repeatedly ask where the order was for over a week. At that time it was 2 weeks past due and they said "maybe I can get you a credit or check for a refund". Now it is over 40 days with no refund or any help from customer service at headquarters with Kimia, much less the place of purchase at the local branch in Sacramento.

Now I will need to go to court to get my moneys returned. I really don't have time to deal with fraud like this from a distributor.

Are there any other smaller installers out there in the $ 1M gross sales range with this kind of issues? This vertical restructure/ merging into the larger companies like Itochu seems to leave service and products for the smaller companies behind.

On a very positive note I have to recommend AEE as a great distributor for Solar. They make up orders for my jobs in 1 or 2 days. They fix things when they go wrong immediately!

I will give an update after court.

Coy Ware
South Face Solar Power

Add Your Comments

To add your comments you must sign-in or create a free account.

  • Create an Account!
  • Sign-In
Stay Connected
         
To register for our free e-Newsletters, create your free account here:

Editors' Picks

  • Residential Demand Spurs US Solar Installations in 1Q13 Residential Demand Spurs US Solar Installations in 1Q13
  • Ocean Energy Development: Apply Common Sense to Common Problems Ocean Energy Development: Apply Common Sense to Common Problems
  • Severn Barrage “No Knight in Shining Armour for UK Renewables” Severn Barrage “No Knight in Shining Armour for UK Renewables”
  • Project Permit: Cutting Red Tape for Green Energy Project Permit: Cutting Red Tape for Green Energy
  • Solar CHP Innovations Offer Efficiency Kick, Future Energy Storage Options Solar CHP Innovations Offer Efficiency Kick, Future Energy Storage Options

Most Commented

  • 4
    California Energy Storage Plan May Require $3 Billion Investment
  • 4
    Women in Power – It’s a Natural Fit
  • 4
    Renewable Energy in Myanmar: Not Just Clean, It’s Necessary
  • 3
    Big Apple Anticipates Solar Explosion for 2013

Total Access Partners

Growing Your Business? Learn More about Total Access
  • Standard Solar Inc.
  • Rotork plc
  • HelioSage
  • Karbone
  • Canadian Solar Inc.
  • DNV KEMA Energy & Sustainability
  • ASME - American Society of Mechanical Engineers
  • KACO new energy, Inc.
  • Renewable Energy
  • Solar Energy
  • Wind Energy
  • Bioenergy
  • Geothermal Energy
  • Hydro Power
  • Blogs
  • Video
  • Finance
Resources
  • Companies
  • Products
  • Careers
  • Events
  • Webcasts
  • White Papers
  • Magazines
  • Press Releases
  • e-Newsletters
Company
  • About Us
  • Our Team
  • Contact Us
  • Advertising & Services
  • Privacy Policy
  • Terms & Conditions
  • Site Map
Network Partners - Magazines
  • Hydro Review Magazine
  • Hydro Review Worldwide Magazine
  • Renewable Energy World Magazine
Network Partners - Events
  • Power-Gen International
  • Renewable Energy World Conference & Expo North America
  • Renewable Energy World Conference & Expo Europe
  • Renewable Energy World Conference & Expo Asia
  • Renewable Energy World Conference & Expo Africa
  • Renewable Energy World Conference & Expo India
  • HydroVision International
  • HydroVision Brazil
  • HydroVision India
  • HydroVision Russia
© Copyright 1999-2013 RenewableEnergyWorld.com - All rights reserved.
RenewableEnergyWorld.com - World's #1 Renewable Energy Network for news & Information