The signing of a Sales and Distribution MOU by Solar EnerTech Corp (SOEN.OB) with Khandelwal Solar Power Limited, of Noida, India is a huge step for SOEN. With industralization moving at a fast pace in India, the potential is large.
Solar EnerTech views the MOU as a market driver aimed directly into a region boasting the 2nd largest population in the world and looks forward to commensurate opportunities for growth. Upon signing the MOU, Rakesh Khandelwal, Managing Director of KSPL, stated, “It is really a win-win alliance for both KSPL and Solar EnerTech: Khandelwal brings in new markets for Solar EnerTech, while Solar EnerTech brings us advances in solar cell technology and training, together with a ready supply of high-quality products ready to sell throughout our country.”
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