Frost & Sullivan New Product Innovation Award 2016 goes to Honeywell Solar Modules




PRESS RELEASE

The Honeywell solar modules are innovative, cost effective, and easy to integrate, enabling end users to adapt to the changing technological demands of the renewable energy industry.

Mountain View, California - 2016, May 9th - Based on recent analysis of the solar power market, Frost & Sullivan recognizes Global Solar Trading as the recipient of the 2016 Global New Product Innovation award. Global Solar Trading has demonstrated its high responsiveness to customers' requirements with the rollout of its Honeywell photovoltaic (PV) solar modules. The company, along with its partners, aims to manage costs, increase output, improve return on investment (ROI), and broaden the market for a clean, renewable energy source.

"One of the dominant benefits of the Honeywell solar module is its versatility. It is compact, lightweight, and suitable for residential, commercial, and industrial projects," said Frost & Sullivan Program Manager Pritil Gunjan. "Importantly, the modules offer a valuable combination of quality, performance, and warranty and are extremely efficient and reliable in a variety of environments. Some of their advantages include salt spray resistance for maritime applications, ammonia resistance for agricultural applications, and an ability to handle high snow and wind loads."

The quality of the solar panels enables both the 60 cell and 72 cell modules to aid seamless monitoring of the production process (ISO). The modules exhibit positive power tolerance, excellent low-light response, and potential induced degradation (PID) resistance as well as boast a 4-busbar design for improved performance. The modules come with a 20-year product warranty and a 25-year warranty on power output and online quality control check.

Global Solar Trading uses durable materials such as anodized aluminum alloy and ensures they comply with industry regulations of the country in which they are being deployed. Additionally, Global Solar Trading employs poly-crystalline cells, which allow the larger 72 cell modules to achieve performance efficiency of up to 16.5%, compared to the industry average of 15%. In large projects, these modules can help save installation and labor costs.

Significantly, Honeywell Solar Modules' customers can check test results of their solar panels through the company's unique Online Quality Control Check. This feature provides customers with a thorough insight into the quality, performance, and specifications of their installed solar modules. The Online Quality Control Check can be accessed through their website www.honeywell-solar.com

"Global Solar Trading follows a customer-oriented approach in its business practices and is successfully expanding in the fast-emerging markets," observed Gunjan. "This has been made possible by its superior customer responsiveness and partnerships with industry suppliers."

The company supports an organization-wide culture of developing competitive solutions by employing a diverse team of skilled management and professionals with considerable technological expertise and experience. This deep industry knowledge and excellence in understanding customer needs have gone a long way in helping the company develop an innovative product to address those needs in the solar power market.

Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased ROI it offers customers, which, in turn, increases customer acquisition and overall market penetration potential.

Frost & Sullivan's Best Practices awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.

About Frost & Sullivan

As a Growth Partnership company, Frost & Sullivan collaborates with clients to leverage visionary innovation to address global challenges and related growth opportunities that could make or break today's market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1,000; emerging businesses; the public sector; and the investment community.

Read the full report via this link: Honeywell_Award_Write_Up.pdf

About Global Solar Trading

Global Solar Trading BV is located in The Netherlands and responsible for the production, marketing and sales for Honeywell Solar Modules in 18 countries across 5 continents. For more information about Global Solar Trading, please visit www.honeywell-solar.com.

FOR MORE INFORMATION:

Global Solar Trading BV

Mr. Siu-Fung Chan
CEO
Office: +31 85 4016411
Mobile: +31 6 14707353
Siufung@Globalsolartrading.com

Global Solar Trading Inc

Mr. Richard Duijn
General manager Caribbean
Office: +599 717 1108
Mobile: +599 788 8434
Richard@Globalsolartrading.com