DC Power Systems and Solar Depot have joined forces to a new solar PV distribution company–SolarNet Holdings, LLC. The two companies will together serve more than 5000 renewable energy dealers throughout the Americas, forming what is being called the largest distribution company in the industry.
Customers can expect to continue to interact with each company as they always have, as DC Power and Solar Depot will maintain separate brands while offering better service thanks to several process improvements including significant joint investment in IT infrastructure.
DC Power and Solar Depot said they expect to reap the benefits of considerable synergies between the two companies, including the sharing of regional distribution warehouses and opening new warehouse locations, combined dealer training programs, deep relationships with leading solar manufacturing partners, and the strong best technical and sales support.
In addition, both companies believe that cost and operational advantages gained through the integration will increase their competitive advantage.
Kevin Shimokobe is CEO of the new venture; he was previously CEO of both DC Power and Solar Depot.