Polaron Solartech is taking its award-winning business model of building solar projects and distributing its affordable solar equipment, from Scarborough, ON, and opening its doors in the Alberta market this year. As a Canadian distributor and subsidiary of the world’s largest solar development company, Xinyi Solar, this will give Western Canada easy access to outstanding solar technology. To learn more, we spoke to Polaron’s Vice-President Mohan Wang and asked about their success and their plans for the future in Alberta.
“What makes Polaron unique in the solar distribution market is we financially support the customer,” says Mohan. “We make solar affordable by creating programs that allow customers to get into it at any stage.” Polaron offers financing and leasing packages for their customers, ranging from their Solar Investor program (the customer pays for full ownership of the system up front) to their Share Solar and Co-Investment Solar programs, which allows customers to invest based on their financial situation.
This business model has helped Polaron become a major solar leader in Ontario, where they are estimated to have an over 33 per cent market share, and over 2,500 residential and commercial customers, many of whom would have otherwise been unable to afford the high capital costs associated with a solar project.
When asked about what makes Polaron’s arrival in Alberta so exciting, Mohan pointed to opportunities for supply chain companies in providing the province’s booming renewable electricity market. “Part of our company strategy in Alberta is to provide products and technical support that make their solar projects more cost-effective. The other part of our strategy is to offer assistance to installers with engineering and procurement support.”
Mohan tells us one the most innovative aspects that Polaron will be introducing to Alberta is using the latest drone and digital mapping technology as part of projects’ design and assessment. “We were the first company in Canada to use drones to survey project sites when we started with it three years ago. We then use computer-assisted design (CAD) to map it out. By gathering data with these tools, we can develop project drawings in higher detail with more accurate calculation.”
Polaron Solartech is a sponsor and long-time participant of Solar Canada and attendees can meet them again at Solar Canada 2018. Mohan encourages anyone looking to form strong partnerships with well-known brands of solar manufacturers to come speak with them.
“We want to introduce new technology to consumers and help installers bring them to the market.” Polaron will be focused on two brands in particular: APsystems, known for being the world’s second-largest supplier of solar microinverters, and LONGI Solar, the world’s largest manufacturer of mono-crystalline solar cells and modules.
If you want to meet the team at Polaron Solartech, join them at Solar Canada 2018, June 20-21 at the BMO Centre in Calgary.