The partnership between the two leading companies will be named Martifer Solar Triumph LTD ---- Martifer Solar Triumph inherits applications under the FIT3 program in Ontario and is now engaging in development under the LRP program ---- Martifer Solar Triumph anticipates expansion into the market of Alberta, where a FiT program is expected to be announced shortly
Martifer Solar Canada, a subsidiary of Martifer Solar SA, and Triumph, Inc. have entered into a strategic partnership to serve the growing demand for solar PV in the Canadian market. The partnership will be called Martifer Solar Triumph and will add unique value to the market based on the companies' shared complementary competencies. Martifer Solar is a global leader in the PV market with an established track record. Triumph is a General Contractor and leading provider of roofing products and services with more than 25 years of experience in the Canadian construction sector.
Martifer Solar Triumph will be headquartered in Toronto and focused on the market in Ontario, which has strong incentives for solar photovoltaic installations. The company will be an active player in solar Development, EPC and O&M Service of rooftop and ground-mounted PVprojects. Martifer Solar Triumph has inherited Martifer Solar's applications under the FIT3 program in Ontario and is now engaging in development activities under the LRP (Large Renewable Procurement) program.
"Our partnership with Triumph will provide the Canadian PV market with strong complementary expertise to drive forward the adoption of solar energy in the country," stated Pedro Gomes Pereira, President of the North America region for Martifer Solar. "We look forward to the synergies not only for the business growth, but also for the benefit of our Clients."
Mário Ribeiro, founder and President of Triumph and the new CEO of Martifer Solar Triumph, said, "I am excited about the great potential for Martifer Solar Triumph in Canada. The new organization we have built will have strong capabilities to empower Triumph's existing rooftop customers with the option to gain added benefits with solar PV. In addition, we have the added value of Martifer Solar's global expertise and proven competency in developing and building solar PV projects, which can be adapted to the Canadian market."
Martifer Solar Triumph is already looking ahead with plans to expand the business throughout Canada. As Triumph has an existing office in Calgary, the company anticipates its expansion into the market of Alberta, where a FiT program is expected to be announced shortly.
ABOUT MARTIFER SOLAR
Martifer Solar is a leading fully-integrated player in the global photovoltaic market focused on Development, EPC and O&M Service.
The company is based in Portugal and has presence in Europe (Spain, Italy, Greece, Belgium, France, Czech Republic, Slovakia, United Kingdom, Germany, Romania and Ukraine), North and Latin America (United States, Canada, Mexico, El Salvador, Chile, Brazil and Ecuador), Africa (Cape Verde, Mozambique and South Africa) and Asia (India, United Arab Emirates, Singapore and Japan).
In 2013, Martifer Solar's revenues reached 274.4 million euros and, to date, the company has implemented more than 500 MW of photovoltaic solar energy worldwide.
Martifer Solar is part of the Martifer Group, a multinational industrial group with around 3,000 employees focused on metallic constructions and solar energy. Martifer SGPS, SA is the holding company of the Group and has been listed on Euronext Lisbon since June 2007.
LEARN MORE AT WWW.MARTIFERSOLAR.COM