Press Release August 18, 2011
S-ENERGY, a spin-off from Samsung Electronics in 2001, and Solar Wholesale Products of North Haven, CT have reached a marketing agreement which assigns Solar Wholesale Products a direct Sales Agent on the East Coast of the United States which includes ME, NH, MA, RI, CT, VT, NY, NJ, MD, DE, DC, PA, OH, VA, NC, SC, GA, and FL.
S-Energy has a 20 years of history in the PV industry, the longest in Korea. The S-ENERGY module provides superb quality conditions and is the world?s best durability withstanding 8000Pa(816kg/m2) Mechanical Load, and having a *10-10-30 year warranty and a 100% positive tolerance based on a long history and unrivaled experience.
Solar Wholesale Products is an East Coast wholesaler of Solar Panels, Solar Inverters and racking and tracking systems from a variety of manufacturers. Solar Wholesale Products new REP service enables foreign companies to market their solar products in the United States without the costly and timely establishment of a US-dedicated sales organization. Robert McNamara, President of Solar Wholesale Products, says he is excited about having his company represent such a quality product. McNamara feels that with S-Energy's 30 warranty * and its superior efficiency ratings, that the product will be very attractive to both Power Purchase Agreements (PPA) providers and installers up and down the East Coast of the US. Solar Wholesale Products can be reached at 877-392-8978 or at www.solarwholesaleproducts.com.
10-10-30 year warranty: 10-year on product warranty and 10 years, 30 years are for 90%, 80% efficiency each.
History of S-Energy
1992
- Samsung Electronics engaged in solar business
- Start to manufacture PV modules
2001
- Established S-ENERGY (Spin off from Samsung Electronics)
- Established Energy Solution Research Center
- Obtained the license of electric work
2003
- Designated promising enterprise
2005
- Certified new technology venture business
- Kotra Seal of Excellence-Green
- Certified technical innovation (INNO-BIZ) Obtained credibility rating of AAA (Korea ratings) Selected blue chip company from Korea Technology Finance Corporation
- Relocation manufacture factory (Daejeon Daeduk Techno Valley) installed the automatic line of manufacture factory
- egistered specialized enterprise for renewable energy (Ministry of Commerce)
2006
- Conclude technical tie-up for BIPV system
- Head office relocation (10th Fl., E&C Venture Dream Tower VI, 197-28, Guro-dong, Guro-gu, Seoul)
- Complete the largest scale MW power plant in Korea (Full-turn key, Enacted by Korea East-West Power Co.,Ltd.)
2007
- Complete 1MW Mu-an photovoltaic power plant with 100% domestic technology (Full-turn key, Enacted by Seoul newspaper) Obtained credibility rating of AA (Korea ratings) Certified TUV Safety Class II for SM-170MQ5 Module
- Entered into the technical partnership with EAGON Window & Door System for BIPV System Complete the 1st factory (Total 30MW/y)
- IP0. Listed KOSDAQ
2008
- Overseas certified for ASU-PTL solar cell
- Start to export the modules (Germany)
- Expand 20MW module manufacturing line (total 50MW/year)
- Complete 1.3MW Bu-an power plant owned by S-ENERGY TUV Certification IEC 61215 & 61730 Complete 3MW Jin-do power plant "Soluchae" of Samsung C&T
2009
- Completed the 2nd factory (80MW/y of total 150MW/y) Obtained quality assurance certification for glass to glass module (Korea institute of Construction Materials)
- Diversified profit model through CO-Marketing business
- Exceeded $100 billion of annual sales
- Awarded minister citation from Ministry of Knowledge Economy in venture business Awarded a presidential citation in renewable energy
- Awarded "The tower of $30 Million Export"
- Conclude investment agreement with Samsung C&T
2010
- Obtained CSA International certification (UL 1703-3rd Edition)
- Designated world's rank at No.3 for quality on Photon magazine (Among 500 companies over the world)
- Awarded Kotra Seal of Excellence
- Acquired Green Technology Certificate (G2G)
- Targeting export to the US market in the amount of two hundred million US dollars
2011
- S-Energy enters the US Market
- S-Energy reaches 9Mw scale agreement with Cenergy Power
