SUZHOU, China, Feb. 16, 2017 /PRNewswire/ -- GCL System Integration Technology Co. Ltd. (GCL-SI), (Shenzhen: 002506), a subsidiary of the world's leading energy group GCL, today announced the signing of a Master Distribution Agreement with DMSolar, one of Mexico's leading solar distribution companies. Through the partnership, DMSolar will offer GCL-SI solar modules and other complimentary system components to the Mexican market. This is the first time that GCL-SI cooperates with a Mexican distributor and this also marks a significant step for GCL-SI to enter the Mexican market.
Yusef Kanchi, Sales Director of DMSolar said "Being leaders in the industry, we are committed to offering our clients the best products of the international market. We selected GCL-SI for several reasons: reliable product quality, strong business ethics, proven financial stability and wide experience in solar industry. We are glad to bring quality products and professional companies to the Mexican market."
DMSolar works with a number of local installers on projects ranging from residential to commercial installations. The agreement with GCL-SI contains the distribution of its solar module products GCL-P6/60 and GCL-P6/72.
Since its establishment in 2012, DMSolar has grown the objective to develop the solar industry and it has identified the lack of quality products in the local markets. This cooperation shows the quality of solar modules produced by GC L-SI and sets the scene for both parties to continue working together in the future to promote the energy revolution in Mexico.
Jose Jove, Vice President of Sales for GCL-SI Latin America, contends that the agreement with DMSolar will help GCL-SI to become one of the leading brands in Mexico market. While examining the current energy policy in Mexico, he mentions that "Regulation in Mexico has improved dramatically in past few months, both for utility scale projects with the approval of the Energy Reform and for distributed generation with the update on the rules; net metering and net billing are now together in the mix."
GCL tailored its plan to fit the local scenarios to step into the Mexico market. Mr. Jove says, "For utility scale we are targeting to place a large volume of modules in the auction projects as well as projects with potential private power purchase agreements (PPAs). There were two auctions in Mexico last year, 1.1 GW awarded in the first auction and 1.8 GW in the second. As for Distributed Generation, we are consolidating relationships with Distributors such as DMSolar."
About GCL-SI
GCL System Integration Technology Co., Ltd. (Shenzhen: 002506) (GCL-SI), is part of the GOLDEN CONCORD Group (GCL), an international energy company specializing in clean and sustainable power production, founded in 1990. With global assets worth nearly USD16 billion, the combined companies delivered over 2 GW of modules globally in 2015, and currently supply more than 30% of all polysilicon and wafers utilized in the solar industry.
About DMSolar
DMSolar is a wholesale distributor of solar products located in Guadalajara, Mexico. As a premier reseller of renewable energy products in Mexico, DMSolar carries all the necessary components needed to make up a photovoltaic system, including photovoltaic modules, inverters, and more. DMSolar's corporate mission centers around offering solutions and products that harness the environment's natural sunlight to power homes and other facilities.
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