Friday, May 23 12:30:32
Let's Talk Solar, the Irish developer of the world's first solar-powered dual central heating and hot water system, has signed a E3.7 million manufacturing deal in the North.
This is for production of its state-of-the-art cylinder for its Fusion Elite heating solution.
The exclusive agreement will see a County Antrim-based engineering firm, Copper Industries, manufacture the Let's talk Solar cylinder under licence for the next three years.
The Let's talk Solar technology is fully Irish owned, designed and developed.
Speaking of the announcement, Director of Let's talk Solar, Michael Keane said, "We are delighted to announce this deal with Copper Industries and view it as a strategic step in the ongoing development of our business. We intend to deploy full time personnel on the ground in Northern Ireland within months."
Charlie Shivers, MD of Copper Industries said: ďAs the fastest growing independent manufacturer of standard and bespoke thermal stores, buffer vessels and hot water cylinders in Ireland and the UK, we are confident that this venture with Let's talk Solar is an ideal fit for our business. By combining Copper Industries' expertise in engineering and shared commitment to environmentally-sustainable manufacturing processes with Let's talk Solar's ground-breaking technology and rapidly-growing distribution network, we look forward to developing a productive and profitable future together."
Let's Talk Solar technology derives energy from daylight, rather than direct sunshine, making its products particularly well-suited to Irelandís climate. This daylight technology provide customers with affordable, year-round access to consistent central heating comfort that costs 50pc to 92pc percent less than traditional heating solutions. The state-of-the-art thermal storage cylinder completely controls every element of the heating system in the property while maximising the efficiency of solar energy.
James Gorham, Director of Let's talk Solar said, "On foot of this latest expansion, the company has forged strong relationships with a number of key partners in Britain and plans to undertake an extensive marketing campaign in the latter part of 2015 with a view to launching throughout the UK in the second half of 2016."