An Irish firm who earlier this year launched the world’s most efficient solar hot water panel has agreed a EUR20 million deal to have the breakthrough product distributed throughout the Republic of Ireland.Surface Power Solar, a developer and manufacturer of solar power products based in Mayo, says it has agreed to supply The Moritz Group with its SP501 Solar Hot Water Collector over a five-year period. The Moritz Group, a leading Irish-based distributor to the construction industry, employs more than 180 people in Ireland and a further 100 people indirectly through its various interests.
Commenting on the link-up with The Moritz Group, Surface Power founder John Quinn said: “The Moritz Group have an established distribution system and have approached the market in a professional way seeking out the best technologies, backed up with training options and support. The company’s history of customer satisfaction and industry recognition makes for a valued partner. We look forward to building a relationship that will help drive growth and jobs for both companies in 2009.” “This agreement provides us with a solid distribution channel in Ireland enabling us to completely focus on our expansion efforts. Surface Power Solar has already achieved product approval in over 25 countries and expects to add the USA, Canada and Australia over the coming months”, added Mr. Quinn.
Moritz Trading Director Dennis O’Connor said: “The Moritz Group was determined to secure distribution rights to what we believe is the most effective solar hot water product in the market. We recognise that solar technology is constantly evolving, and innovative and high performance solutions like the SP501 Solar Hot Water Collector system are necessary for us to stay competitive in this industry. The extensive certification, ground breaking performance and R&D that went into the solar hot water collector designed for the Irish climate give us confidence to distribute the product to our customers.”
