Around the World for Canadian Solar Firm

In today’s increasingly globalized markets companies in every industry are finding multinational solutions to their business needs. In one of the latest such solar arrangements, a Canadian solar company secured an arrangement to have their solar cells leapfrog from the UK for cell manufacturing, India for module finalization, to a new distribution center in Texas that’s positioned to serve the south and southwest U.S. markets.

Canada-based ICP solar announced this partnership with Titan Energy Systems of Andhra Pradesh, India, a manufacturer and exporter of crystalline and amorphous solar modules. ICP’s partnership with Titan accomplishes two objectives: First, ICP will now ship solar cells, made at its UK plant, to Titan’s facility in India for lamination and finishing. Expertise in manufacturing will remain centralized at ICP’s plant in Bridgend, while lamination and finishing is done by Titan in India in order to reduce costs. Second, Titan will resell finished ICP solar panels through its distribution channels in India and the Pacific Rim. Titan’s commitment is to purchase up to 1 MW by the end of the year. ICP said this arrangement provides increased lamination and finishing capacity and flexibility, unprecedented access to emerging markets and an increased percentage of the total global market of “off-grid” solar energy products. Additionally, ICP has opened a new distribution center in Dallas, Texas. This geographical location offers efficiencies due to transportation infrastructures and proximity to key markets. Solar modules from India and finished goods from China are shipped to Long Beach, California and on to Dallas directly via rail. From Dallas, goods flow into a variety of distribution and retail channels with what the company expects will be increased speed and efficiency. “ICP has made a major financial commitment to streamlining the end-to-end production-distribution chain,” said Sass Peress, CEO, ICP Solar. “Through our partnership with Titan Energy Systems, we are increasing specialization and elevating productivity.”

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