UGE International announced it has signed a framework agreement with Ginlong Technologies to purchase at least 10 MW of solar inverters for upcoming projects in the commercial solar space.
“Ginlong is one of our strongest partners, and it has been great to see the company continue to grow rapidly since we first started working together in 2010,” said Nick Blitterswyk, CEO of UGE. “UGE’s SeamlessGrid inverters rely on Ginlong’s commitment to quality, performance and economics, allowing us to offer the best possible value to our clients.”
The market for solar is growing rapidly worldwide, with installed capacity expected to reach nearly 652 GW by 2025, according to GlobalData. GTM Research recently reported that just the Northeast commercial rooftop solar market, where UGE is rapidly expanding their presence, represents a $67.5 billion opportunity.
“UGE is known as a leader in the distributed renewable energy space,” said Jimmy Wang, CEO of Ginlong Technologies. “We are proud to work with UGE as they continue to develop the most affordable and reliable energy systems for commercial customers across the world.”