Semiconductors and Semiconductor Equipment
Company Overview of QSOLAR Limited
QSOLAR Limited develops, manufactures, and sells photovoltaic solar panels in Asia, Europe, and North America. It manufactures solar photovoltaic panels using its proprietary patented technology, SPRAYTEK99. The company’s products include QLX modules, QSS modules, QST modules, QSF modules, and QSRU modules. It also offers mounting systems, such as end and mid clamps. QSOLAR Limited has a strategic partnership agreement with ETI Dynamics Ltd. The company was founded in 2007 and is headquartered in Calgary, Canada.
250 - 5th street SW
Calgary, AB T2P 0R4
Founded in 2007
Key Executives for QSOLAR Limited
Compensation as of Fiscal Year 2013.
QSOLAR Limited Key Developments
QSolar and ETI Dynamics Sign Strategic Partnership to Bring QSolar's Technology and Innovation to India
Dec 19 13
QSolar Limited announced that it has signed a strategic partnership agreement for India with ETI Dynamics Ltd. The primary objective of the strategic partnership is to bring QSolar's products on to ETI Dynamics' energy platform that ushers economic and technological innovation into the market. ETI Dynamics will identify and develop sites that will introduce QSolar's proprietary and innovative polymer Spraytek(r) and light-weight back-sheet technologies and solar products to the Indian market. Upon delivering the first commercial rooftop and/or ground mounted site using the QSolar technologies, ETI Dynamics will expand the scope of the application to other areas including sustainable transport. Execution of the strategic partnership will accelerate QSolar's entry into the Indian market through a host of partners that operate on the ETI Dynamics energy platform. These include engineering firms, project developers, manufacturing and assembling enterprises, equity and debt finance institutions. ETI Dynamics will initially develop the right techno-commercial model for the Indian market based on prevailing market and industry benchmarks. Whilst on one hand it will focus on developing the market around QSolar's products, it will also develop the supply chain so that the products can meet just-in-time delivery as well as local content requirements for government funded programs. It is already in the process of identifying companies that would want to manufacture QSolar products locally under a master licensing agreement. The immediate benefits to QSolar include the introduction of its existing solar technologies and solutions to the market in India initially, have access to a comprehensive platform to access federal departments and key decision makers who develop the national policy framework utilizing innovation, be part of a consortium led by ETI Dynamics to increase the success rate of a project, and find immediate commercial prospects and projects. ETI Dynamics anticipates that the proposed QSolar solutions utilizing the embedded encapsulating and light-weight features of QSolars' proprietary technology will be immediately accelerated and supported through the Indian market. Introductions of the product and its benefits to various government ministries in major metropolitan cities in India have already been commenced by ETI Dynamics. Future developments are to include the partnering of a Canadian public agency and the award of an initial roof-top pilot project in India.
Mark L.P. Ferguson Joins QSolar Limited as an Independent Canadian Director
Dec 12 13
QSolar Limited announced that Mark L.P. Ferguson has joined the board of directors as an independent Canadian director of QSolar. Mr. Ferguson, has been appointed by the board of directors and has consented to act as a new Canadian independent director effective immediately. Mr. Ferguson is a senior executive based in Calgary, Alberta and has a proven track record of over thirty years of experience spending his corporate career in senior management positions with significant expertise in trust and pension services, corporate governance and corporate development. Mr. Ferguson also has significant audit and compensation expertise and as an independent director has been appointed to QSolar's audit and compensation committees. Mr. Ferguson is currently semi-retired and operates his own private consulting firm. Mr. Ferguson currently serves and has served on numerous public, private and non-profit boards and remains active in the community.
QSOLAR Develops Desert PV Solar Panel and Commences Pilot Installation in Dubai, UAE
Nov 12 13
QSOLAR Limited announced that it will commence a desert pilot installation in Dubai, UAE. It is expected that testing will commence at the end of this month. QSolar will install and test its newly developed high temperature QLX desert ready photovoltaic solar module, as well as a standard glass module purchased from a tier 1 manufacturer, at the same location, to compare their performance under desert conditions. QSolar is currently in discussions with an independent certification body to monitor and verify the results of the planned tests to validate QSolar's internal test results. The success of this pilot will be instrumental in QSolar opening up the middle-east market, a very desirable market where the objective is to have an effective solution to efficiency and extreme ultra-violet issues that currently degrade and discolor glass solar panels subjected to extreme heat conditions. In addition, the PV solar market is not as sensitive to pricing as a result of a lack of performance solutions.
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