Solar EnerTech announced this morning that they have entered a 5-year sales agreement with ErgonSolair-WonlexTech Group, an Italian solar products distributor.
Recent trial purchases and visits by ErgonSolair played a key part in beginning negotiations. SolarEnertech will supply PV cells and modules at 10 Mw per year. As part of the terms, ErgonSolair will be required to assit SolarEnertech in their marketing efforts by displaying SolarEnerTech’s product brand name on the products. ErgonSolair is now the official distributor for the Italian Market.
At the current prices, the company expects the sales agreement will bring in a yearly amount of $35 million in revenue. The company has been accelerating its manufacturing capacity since April to meet the increased demand from Europe, Asia, and Africa.
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