Atlantic Energy Solutions Partners With Evolution Solar on Solar Panels

Atlantic Energy Solutions, Inc. announce they are in negotiations to make Evolution Solar Corporation their provider of photovoltaic (PV) panels for several of Atlantic Energy’s current solar energy efficiency projects.

After conducting extensive research with a number of global manufacturers of PV panels, Atlantic Energy has concluded that securing an Asian manufacturing partner would be a key cost reduction strategy. A collaborative effort between Evoltion Solar and Atlantic Energy is essential to ensure obtaining the Underwriters Laboratories (UL) certification for these PV panels for sales and installation in the United States.

“PV projects are a very significant source of revenues with regards to construction and ongoing electricity sales for our company,” stated Timoty Brock, Atlantic Energy Solutions’ CEO. Mr. Brock contiunued, “Our relationship with Evolution Solar will play a significant role in helping us capture a larger market share of the PV business.”

The worldwide PV industry has been growing steadily at 20-25% per year for the last 20 years. Competitiveness in the industry is defined by the ability to reduce panel costs and the lead time between ordering and delivery. The partnership between Atlantic Energy Solutions and Evolution Solar is a natural synergy for penetrating this multi-billion dollar market. This will allow Atlantic Energy to provide low-cost panels at sufficient volumes for large projects with a much shorter lead time than many of its competitors.