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Toledo Solar eyes expansion into Europe and Central Asia

October 20, 2022
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Toledo Solar eyes expansion into Europe and Central Asia
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By Chris Crowell October 19, 2022

Toledo Solar is a U.S.-based thin-film photo voltaic PV producer with a provide chain sourced solely from North America. All of its manufacturing is predicated in Toledo, Ohio, however that half is about to alter. KordSA, a big scale, superior materials producer (a division of Sabanci Holding Group), has invested in Toledo Photo voltaic and licensed rights to open Toledo Photo voltaic factories throughout the European continent and Central Asia, beginning with Turkey and Central Europe.

The low carbon footprint and recyclability of Toledo Photo voltaic’s frameless, all-glass, skinny movie, and ultra-durable photo voltaic modules have been huge promoting level, best resolution for the rooftops of Europe.

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“KordSA is deeply dedicated to a sustainable life and actively pursues alternatives within the space of kit for local weather applied sciences. We have now seen that Toledo Photo voltaic’s administration philosophy and know-how is a superb match to KordSA’s. We sit up for executing the plans which will likely be constructed by means of this strategic alliance.” mentioned Ibrahim Ozgur Yildirim, CEO of KordSA.

This renewable power partnership between TSI and KordSA is a response to the rapid political and financial realities globally. Mixed with pressing international local weather considerations and long-term sustainability initiatives, European authorities leaders and firm executives on down want to quickly scale up investments in expanded photo voltaic options.

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Toledo Photo voltaic and KordSA will work collectively to construct gigawatts of capability and develop the know-how’s adoption past the rooftop to European sized photo voltaic farms (5 to 50 MW) and the quickly rising power sectors of floating photo voltaic, Constructing photo voltaic (BIPV), Automotive (AIPV), and Agricultural (AgriPV).

Aaron Bates, Chairman and CEO of Toledo Photo voltaic Inc., notes KordSA’s excessive operational requirements and environmental stewardship as keys on their finish.

“This strategic partnership will present a significant contribution to Europe’s drive to realize higher power independence and resilience,” Bates mentioned. “We sit up for working collaboratively and strategically with KordSA and SGH to reinforce Europe and Central Asia’s solar energy capability and power independence in a accountable means. For too lengthy the world has relied upon adversarial international locations to satisfy rising power calls for. Our partnership is the start of a future for power independence of countries throughout the globe.”

Have you ever checked out our YouTube web page?

We have now a ton video interviews and extra content material on our YouTube web page. Not too long ago we debuted Power Forward! — a collaboration with BayWa r.e. to debate greater degree trade subjects in addition to finest practices / developments for operating a photo voltaic enterprise at present.

Our longer operating facet undertaking is The Pitch — during which we have now awkward discussions with photo voltaic producers and suppliers about their new know-how and concepts in order that you do not have to. We talk about the whole lot from residential rail-less deck attaching and home solar financing to large-scale energy storage value stacking and utility-driven new dwelling solar + storage microgrids.

See also  Alantra Partners with Solarig to Launch a 1.9 GW Photovoltaic Investment Vehicle in Europe
Tags: Toledo Photo voltaic

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