Esdec has acquired EcoFasten Solar, which brings together two highly complementary companies which have deployed a combined 5 GW of residential and commercial rooftop projects.
EcoFasten Solar has installed 3 GW of its rooftop solar mounting systems, and is projected to grow 20% this year, from 400 MW deployed in 2017 to 480 MW. Esdec is the Netherlands’ largest mounting manufacturer with 1.9 GW of its systems installed across Europe.
Esdec’s product is currently 40% sold into the residential market, and 60% sold into the commercial market. EcoFasten’s breakdown is heavily residential – with 95% of its project solar into that market.
Esdec noted that EcoFasten’s R&D focus was a driver of the acquisition, as was access to installers and distributors in the United States. The press release stated that the newly opened Esdec “Innovation Centre” in the Netherlands would be available to the EcoFasten Solar team for design support.
In September, pv magazine sat down with Esdec to learn about their commercial rooftop product. A few of its highlights included being able to use a single tool for the majority of the installation, that many components easily snap together by, and the below “floating foot” that gives designers and installers just a little more flexibility when deploying on uneven, worn surfaces.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.