United States Procurement News Notice - 62625


Procurement News Notice

PNN 62625
Work Detail RETC LLC, a subsidiary of VDE, has completed the acquisition of SolarPTL LLC, marking a significant milestone in the renewable energy testing and certification sector. Through this merger, RETC and SolarPTL aim to offer clients unparalleled testing services and expand their national and international reach. With locations now spanning California, Nevada, and Arizona in the United States, as well as strengthened presence in Europe as part of the VDE Group, the combined entity is poised to deliver top-notch solutions to its clientele. Ansgar Hinz, CEO of VDE, emphasized the organization’s longstanding commitment to quality standards and sustainability, noting their dedication to promoting innovative energy solutions over their 130-year history. By integrating SolarPTL’s expertise, RETC is primed to address clients’ demands for comprehensive testing solutions, streamlining processes, reducing costs, and maintaining high service quality. RETC’s acquisition of SolarPTL brings forth a wealth of benefits for customers, including access to cutting-edge research and development initiatives, such as hail damage risk assessment for solar modules. This strategic partnership enables RETC to offer a complete suite of testing and certification services, empowering stakeholders in the solar industry with data-driven insights for product and project development. Cherif Kedir, President and CEO of RETC, underscored the significance of the merger in delivering robust tools and services to manufacturers, installers, and project developers. Together, RETC and SolarPTL aim to shape industry standards, policies, and sustainable practices, driving positive change within the renewable energy sector. The transition process will prioritize maintaining the highest level of support and reliability for SolarPTL’s existing customers. RETC is committed to upholding excellence in testing, certification, and customer service throughout the integration period, ensuring a seamless experience for all stakeholders.
Country United States , Northern America
Industry Energy & Power
Entry Date 23 Mar 2024
Source https://solarquarter.com/2024/03/21/retc-expands-renewable-energy-testing-capabilities-with-acquisition-of-solarptl/

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