Solar Power Inc. has entered an agreement with BNL Tactics Group International, which will establish a dealership network for the solar-panel system company in Belgium.
Financial terms were not disclosed.
Solar Power will sell its solar-panel systems directly to the dealers.
The “relationship is a unique and exciting opportunity,” said Bradley Ferrell, president of business development for Solar Power. “This part of the European market offers significant growth opportunities in the near-term for (photovoltaic) solar.”
Roseville-based Solar Power has 17 dealers nationwide, and distributors in Europe, Asia and Australia.
Shares of Solar Power (OTCBB: SOPW.OB) increased 8 cents to $1.38 in trading Wednesday.
Source: bizjournals.com/
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