Day4 Energy has signed a distribution deal with Regency Solar, a division of Regency Media, based in Melbourne, Australia. The agreement covers the Australian, New Zealand, and Oceania markets and has resulted in the first shipment of the solar module supplier’s high-performance 48MC modules to Regency, which was completed immediately on the signing of the contract.
Although the terms of the agreement were not disclosed, the deal marks the first for Day4 Energy in this regional market.
Regency says it will focus on providing its customers with solar energy solutions based exclusively around the Canadian company’s solar module technology.
“The Australian market is expanding rapidly and customers–retail and commercial–are becoming increasingly focused on high-quality, high-yield products,” says Darren Johannesen, managing director of Regency Solar.
Day4 Energy says that it has observed new solar energy markets in the early stages of development emerging over the past 12 months, and sees them poised for strong growth as solar approaches cost parity with conventional energy sources.
“Australia in particular is an attractive market for solar because of the ideal climatic conditions, solid government support, and most importantly a rapidly growing customer base that is looking for green energy solutions,” comments George Rubin, president of Day4 Energy. “We chose the best and most capable partner in Regency Solar for our entry into the diverse Australian and New Zealand markets.”