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Solar Supplier Consolidation: Soligent Acquires Conergy Distribution Business Alexandra Beier / Getty Images News

Solar Supplier Consolidation: Soligent Acquires Conergy Distribution Business

Soligent began with the combination of two of the most successful early solar distributors, DC Power Systems and Solar Depot, by Japanese import-export conglomerate Itochu, which then sold to its present ownership group in July 2013. Three months later, Soligent acquired the distribution business of another German solar company, Energiebau Solarstromsysteme GmbH. In March this year, Soligent bought rival SunWise, San Jose, Calif., which added office locations in California, New York, Oregon, Hawaii and Arizona.

Solar product specialty distributors may seem like a small slice of the electrical products space, but it’s an active area for consolidation. Last week Soligent Distribution LLC, a solar products distributor based in Rohnert Park, Calif., moved to further increase its coverage in the North American solar market by acquiring the distribution assets of Conergy, a large solar developer and distributor based in Hamburg, Germany.

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