SEG Solar achieves three key partnerships, expediting its European market expansion
SEG Solar ("SEG"), a leading U.S. producer of photovoltaic (PV) modules for the utility, commercial and residential markets, has entered an exciting new stage in its expansion into the European market. Recently, SEG announced strategic collaboration agreements with three prominent European energy companies, namely GABYL, ENNOVA, and Green Renovables.
These partnerships aim to introduce more of SEG's advanced technological products and solutions into the European market, contributing to the ongoing efforts to achieve Europe's energy transition goals.
Under the agreements, GABYL will be SEG's major distributor in Spain, offering versatile, high-performance solar products tailored for the local market. This partnership aims to meet diverse energy needs and introduce SEG's modules to households across Spain.
Renowned distributor ENNOVA will serve as distributor for SEG in Portugal and Ecuador, jointly spearheading the market promotion of SEG-branded products. This collaboration offers opportunities for technical innovation and accelerated adoption of renewable energy in the European market.
Notably, SEG has signed a 12MW procurement deal with long-term partner Green Renovables, highlighting SEG's product strength and brand recognition in Europe. This strategic partnership is expected to deepen with the signing of this order, further solidifying their relationship.
The collaboration with these three companies signifies SEG's further expansion and consolidation of its leading position in the renewable energy sector. Together with its partners, SEG is committed to making a greater contribution to driving the development of clean energy in Europe and globally.
About SEG
Founded in 2016, SEG is a leading vertically integrated PV manufacturer headquartered in Houston, Texas, the U.S., and is dedicated to delivering reliable and cost-effective solar modules to the market. By the end of 2023, SEG has shipped over 5GW of solar modules worldwide. The company is expected to exceed a production capacity of 5.5GW by the end of 2024.
