European solar modules distributor Menlo Electric recently debuted new regional headquarters in Leeds, United Kingdom, aiming to better serve the U.K. and Ireland markets through its subsidiary, Menlo Electric Ltd.
As one of the top three EU distributors for world-leading solar module manufacturers, Menlo has established partnerships with Jinko Solar, Risen Energy, JA Solar, Sungrow, SolarEdge, Tongwei, FoxESS and Solax.
Menlo's strategic expansion will contribute to the U.K.'s Net Zero Strategy, which was set up in 2021 with a target to achieve net zero by 2050.
The recent energy crisis triggered by the Russia-Ukraine war and electricity price volatility, alongside continuous solar price drop, have strengthened the competitiveness of solar as an alternative energy source for the U.K. and Ireland.
Donovan Ramage, General Manager at Menlo Electric Ltd. said that by partnering with more leading solar manufacturers who do not get a presence in the U.K. and Ireland, Menlo is capable of providing clients with reliable access to more top-quality components at competitive prices.
Earlier this year, the U.K. produced its trillionth kilowatt hour (kWh) of renewable electricity, marking a significant milestone. Research estimates that, based on current projections, it will take just over five years to reach the next trillionth kWh.
"By 2030, solar capacity could grow fivefold from 14 GW to roughly 70 GW," said Marcin Ślęzak, UK Executive Director and Board Member at Menlo Electric.
"We believe we can play a very positive role in the transformation happening here, supporting the British zero-carbon generation race and increasing energy independence and safety within businesses and households."
Apart from the European market, Menlo also operates in other countries in the EMEA region. Early this month, the company announced its expansion into the Middle East and North Africa markets.