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August 24, 2010 08:00 AM Eastern Time 

Grape Solar Enters Arizona Residential Solar Market

EUGENE, Ore.--(BUSINESS WIRE)--Grape Solar, www.grapesolar.com, one of America’s fastest growing solar companies, today announced that it has entered a mutually exclusive supplier agreement with Arizona Green Voltage Group, L.C. (GVG, www.azgvg.com). Under the agreement, Grape Solar will provide Arizona GVG with its complete line of solar kits with break-through price in the residential market that few can rival. GVG will use those kits in its efforts to help Arizona households receive solar power. Grape Solar will be GVG’s exclusive supplier of solar kits for the residential projects for the next two years in Arizona that GVG already serves.

Additional items in the agreements are highlighted below:

  • Grape Solar designates GVG as its exclusive dealer in Arizona for its full line high quality solar panels ranging from 175 watt to 300 watt panels.
  • Grape Solar offers $2.79 per watt to GVG for Grape Solar’s pre-engineered solar kit that includes panels, inverters, and mounting systems.
  • Grape Solar will offer its residential customers in Arizona, through GVG’s decade old installation experience: solar system design support, project due diligence support and project field support as well as rebate and incentive processing which could be as high as $2.50 per watt.
  • GVG agrees to a strategic purchasing agreement with guaranteed volume commitment and pricing structure.
  • GVG will receive priority supply of Made-in-America solar panels from Grape Solar at competitive prices.

Grape Solar CEO Ocean Yuan commented on the announcement, saying, "This partnership with GVG allows Grape Solar to expand our distribution of Grape Solar branded panels and kits and reach Arizona residential markets we would not otherwise be able to address. Arizona GVG is a leader in its own class that Grape Solar can confidently hand over our products to and refer customers for installations.”

Arizona GVG’s General Manager Ray Baxter applauded the agreement, “We have witnessed Grape Solar’s incredible growth in North American market in the past year. It is critical for us to have a stable supplier of solar panels so that we can keep our commitment to customers who rely on top quality products delivered on time. It is ripe for both of our two companies to further the relationship.”

About Grape Solar: headquartered in Eugene, Ore., is a leading manufacturer of solar panels and kits that directly distributes to installers and consumers in North America. For more information, visit: www.GrapeSolar.com.

About Arizona Green Voltage Group: a leading solar system integration service company, dedicated to the mass market sale of energy saving products for residential homeowners in Arizona. For more information, visit: www.azGVG.com

Contacts

Grape Solar
Sara Thomas, 541-349-9000
sara.thomas@grapesolar.com

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