DLL Signs Lease Agreement With Bosch Solar Energy


Published February 3, 2012 
Categories: Featured News, Solar

De Lage Landen said its clean technology group has signed a U.S. master lease agreement with Bosch Solar Energy to fund solar projects developed by Bosch.

“We are proud to be entering into an agreement with Bosch Solar Energy, as their focus on quality products in an international marketplace is consistent with the strategies of De Lage Landen and the Rabobank Group,” said Mark McGovern, general manager, clean technology for De Lage Landen. “Although our newly closed agreement is U.S.-focused, we will work together with Bosch to structure domestic and international funding products for Bosch and its strategic customers.”

Eric Daniels, president of Bosch Solar Energy North America stated that “Bosch is a recent entrant into the U.S. solar energy market and sees this region as a key growth area. Our new partnership with De Lage Landen and Rabobank is an example of this commitment moving forward. By offering financing solutions through De Lage Landen’s highly experienced Clean Technology group, we are able to provide the best and highest quality options and additional value to our strategic partners and customers in the U.S.”

From small-scale systems for single family homes to large turnkey photovoltaic projects, Bosch Solar Energy is a global provider of solar cells and modules for turning sunlight into electricity. In the U.S., Canada and Mexico, the Bosch Group manufactures and markets automotive original equipment and aftermarket products, industrial drives and control technology, power tools, security and communication systems, packaging technology, thermotechnology, household appliances, solar energy, healthcare and software innovations.