The acquisition of the assets of Solar Teyin and HHII is expected to enhance Solar Acquisition’s business model and potentially position the company as a turnkey developer of renewable energy projects. Solar Acquisition also expects to hold the distribution rights of solar panels, systems and supplies for large scale commercial use and projects.

Located in Barcelona, Spain, Solar Teyin is engaged in the sourcing and distribution of solar panels for public, commercial and consumer use. HHII is engaged in the development of turnkey renewable energy projects, and designs, implements, monitors and maintains wind and solar installations.

Solar Acquisition is focused on commercializing renewable energy technology. The scope of the company’s interest include solar PV, wind, fuel cell, and geothermal in addition to research and development into renewable energy products.