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November 9, 2015

Boviet Solar USA’s Parent Company, Powerway Group, Acquires Berkenhoff GmbH

San Jose, CA., November 9, 2015 – Boviet Solar USA, a solely owned subsidiary of Powerway Group Co. and manufacturer with the largest, state-of-the-art solar cell and manufacturing facilities in Vietnam, announced today that its parent company, Powerway Group Co. has acquired Berkenhoff GmbH. Berkenhoff GmbH, a 125-year-old company, was recognized for their innovative, high-tech precision wire manufacturing. The company generated over $100 million in sales last year. By acquiring Berkenhoff, the Powerway Group continues to solidify their product offering and expand their global presence. Powerway Group is a diversified conglomerate with 6 industrial divisions doing business with some of the world’s leading Fortune 500 companies. The group employs some 4,600 staff and posted global sales of almost $1 Billion in the last financial year. Powerway Group also owns subsidiaries in China and Vietnam. Power Group’s subsidiary, Boviet Solar Technology Co., Ltd, located in Bac Giang, Vietnam was formed in 2013. Today the 5,704,872,000 square feet facility delivers 200 MW of first-class solar modules with capacity expanding under a careful growth plan to 600 MW in 2016. Boviet Solar USA delivers these rigorously tested modules with a 12-year product and 25-year linear power warranty.

About Boviet Solar USA

Boviet Solar USA, a solely owned subsidiary of Powerway Group Co., provides a full service platform for turnkey solar installations with the highest ratio of quality and value. By combining end-to-end support, solar system components and high quality solar modules manufactured in the largest state-of-the-art, fully automated solar cell and manufacturing facility in Vietnam, Boviet Solar is able to deliver a compelling, one-stop solar solution. With 200 MWs of manufacturing capacity and rapid expansion plans to add 400 MWs by 2016, Boviet Solar is positioned to provide consistent supply to performance-conscious customers in the residential and commercial solar markets. Focused on customer service, the company is headquartered in California with 6 warehouses across the U.S. to accelerate deliveries.

To learn more about Boviet Solar USA, call 877.253.2858.

For Boviet Solar USA media inquiries, please contact:
Jill Hansen
Tel: +1.925.997.5956
Email: Jill Hansen