Caribbean Branch Office Bonaire




PRESS RELEASE

Global Solar Trading BV announces opening of branch office in Bonaire, Caribbean Netherlands to promote Honeywell solar modules

Bonaire, Caribbean Netherlands, November 5th, 2015: Global Solar Trading BV today announced the opening of a branch office in Bonaire, Caribbean Netherlands to promote Honeywell Solar Modules. The company has signed a license agreement with Honeywell to use its trademark in the manufacturing, advertising, sale and distribution of photovoltaic solar cells and solar modules in 18 countries across 5 continents. Honeywell is a global diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services, control technologies for buildings, homes, and industry; turbochargers, and performance materials.

"The potential for solar energy is huge in the Caribbean and Latin America. Businesses and consumers can save money by using solar panels and protect the environment by reducing the amount of carbon dioxide being released into the atmosphere ." said Siu-Fung Chan, CEO of Global Solar Trading. "The Honeywell brand is recognized globally and will help drive acceptance of solar panels in the region. To underline our commitment to quality, we offer a 20 year product warranty and guarantee 25 years of power output. This is unique for the solar industry."

"This is an exciting licensing opportunity and, with nearly half of our own product portfolio linked to energy efficiency, we see the solar module business as a natural extension for us," said Mary Newell-Miller, Vice President of Licensing at Honeywell International Inc. "Based on their history of quality products and customer satisfaction, we believe Global Solar Trading is a good partner to launch and grow Honeywell branded solar modules."

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