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Silfab Ontario and Heliene Inc. Announced They Have Commenced an Operational Arrangement

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Core Tip: November 30, 2012 - Silfab Ontario Inc. and Heliene Inc. announced they have commenced an operational arrangement, under which the two will start a commercial cooperation—

November 30, 2012 - Silfab Ontario Inc. and Heliene Inc. announced they have commenced an operational arrangement, under which the two will start a commercial cooperation—working jointly as one—to serve larger developers in Ontario, with the combined entity being known as Helios Power Canada.

“There is a clear path going forward for the evolution of the solar industry, and this alliance positions Helios Power Canada in the right track,” said Martin Pochtaruk, president of Heliene. “Besides the strategy though, there is nothing better than working with people you respect and share values with.”

Demand for solar modules (needed in Ontario under the FIT Program during the next two years) requires a “capable and strong manufacturing partner, with sufficient capacity and flexibility to be able to satisfy timely manufacturing of large quantities of bankable PV modules”, stated the partners, adding, “Helios Power Canada is being built out to meet these demands”.

For clients, this means:

combined capacities

a single point of contact for both Silfab and Heliene

access to larger production capacities and inventories

substantial decrease in time allocated to processing requirements

“Silfab Ontario has been able to have significant success, thanks to great customers and employees, and continues to look for strong partners in order to further improve. We have found such a partner in Heliene,” said Paolo Maccario, Silfab’s COO and general manager.

 
 
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