Martifer Solar Canada, a subsidiary of Martifer Solar SA, and Triumph, Inc. have entered into a strategic partnership to serve the growing demand for solar PV in the Canadian market. The partnership will be called “Martifer Solar Triumph” and will add unique value to the market based on the companies´ shared complementary competencies.
Martifer Solar Triumph will be headquartered in Toronto and focused on the market in Ontario, which has strong incentives for solar PV installations. The company will be an active player in solar Development and EPC and O&M of rooftop and ground-mounted PV projects. Martifer Solar Triumph has inherited Martifer Solar´s applications under the FIT3 program in Ontario and is now engaging in development activities under the LRP (Large Renewable Procurement) program.
“Our partnership with Triumph will provide the Canadian PV market with strong complementary expertise to drive forward the adoption of solar energy in the country,” stated Pedro Gomes Pereira, President of the North America region for Martifer Solar. “We look forward to the synergies not only for the business growth, but also for the benefit of our clients.”
Mário Ribeiro, founder and President of Triumph and the new CEO of Martifer Solar Triumph, said, “The new organization we have built will have strong capabilities to empower Triumph´s existing rooftop customers with the option to gain added benefits with solar PV. In addition, we have the added value of Martifer Solar´s global expertise and proven competency in developing and building solar PV projects, which can be adapted to the Canadian market.”
Martifer Solar Triumph is already looking ahead with plans to expand the business throughout Canada. As Triumph has an existing office in Calgary, the company anticipates its expansion into the market of Alberta, where a FiT program is expected to be announced shortly.