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BP Solar (BP) Signs Supply Deal With Xantrex (XTX)
BP Solar announced that it has signed a supply deal with Xantrex Technology. Under the terms of the agreement, Xantrex will supply BP with residential grid tie (GT) solar power inverters. These inverters, which feature 96% efficiency and maximum AC output of between 2.8 to 5 KW, will offered to customers as part of BP Solar’s Home Solutions PV rooftop systems.
From pv-tech.org, here’s what the leadership team of both companies had to say about the deal:
We are confident that Xantrex inverters will match the high standards of our solar solutions," said Bill Poulin, BP Solar’s director of products and services. "This strategic supply agreement is the result of Xantrex’s proven product quality and dedication to long-term product improvements."
"BP Solar’s commitment to use Xantrex GT inverters in its complete residential packages increases our influence in the solar market," said Ted Campbell, president/CEO of Xantrex, which was acquired by Schneider Electric last year. "We are optimistic that this alliance could also grow to include our off-grid and commercial inverters."
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