Chinese solar-panel maker ReneSola Ltd. gained a foothold in Japan this week, partnering with Japanese electronics trading company Vitec Co. Ltd. to open a plant there.
The partnership is expected to start production in April under the name Vitec Global Solar, according to reports.
Financial and other details were not disclosed. Vitec, with offices in Japan, elsewhere in Asia, and California, mainly supplies semi-conductors and other electronic components.
The partnership would focus on high-quality, cost-competitive solar panels for industrial and residential markets.