Frost & Sullivan Applauds Global Solar Trading's Commitment to Product Innovation with the Launch of its Honeywell Solar Modules

MOUNTAIN VIEW, Calif., May 9, 2016 /PRNewswire/ -- Based on recent analysis of the solar power market, Frost & Sullivan recognizes Global Solar Trading as the recipient of the 2016 Global New Product Innovation award. Global Solar Trading has demonstrated its high responsiveness to customers' requirements with the rollout of its Honeywell photovoltaic (PV) solar modules. The company, along with its partners, aims to manage costs, increase output, improve return on investment (ROI), and broaden the market for a clean, renewable energy source.

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"One of the dominant benefits of the Honeywell solar module is its versatility. It is compact, lightweight, and suitable for residential, commercial, and industrial projects," said Frost & Sullivan Program Manager Pritil Gunjan. "Importantly, the modules offer a valuable combination of quality, performance, and warranty and are extremely efficient and reliable in a variety of environments. Some of their advantages include salt spray resistance for maritime applications, ammonia resistance for agricultural applications, and an ability to handle high snow and wind loads."

The quality of the solar panels enables both the 60 cell and 72 cell modules to aid seamless monitoring of the production process (ISO). The modules exhibit positive power tolerance, excellent low-light response, and potential induced degradation (PID) resistance as well as boast a 4-busbar design for improved performance. The modules come with a 20-year product warranty and a 25-year warranty on power output and online quality control check.

Global Solar Trading uses durable materials such as anodized aluminum alloy and ensures they comply with industry regulations of the country in which they are being deployed. Additionally, Global Solar Trading employs poly-crystalline cells, which allow the larger 72 cell modules to achieve performance efficiency of up to 16.5%, compared to the industry average of 15%. In large projects, these modules can help save installation and labor costs.

Significantly, Honeywell Solar Modules' customers can check test results of their solar panels through the company's unique Online Quality Control Check. This feature provides customers with a thorough insight into the quality, performance, and specifications of their installed solar modules. The Online Quality Control Check can be accessed through their website www.honeywell-solar.com.

"Global Solar Trading follows a customer-oriented approach in its business practices and is successfully expanding in the fast-emerging markets," observed Gunjan. "This has been made possible by its superior customer responsiveness and partnerships with industry suppliers."

The company supports an organization-wide culture of developing competitive solutions by employing a diverse team of skilled management and professionals with considerable technological expertise and experience. This deep industry knowledge and excellence in understanding customer needs have gone a long way in helping the company develop an innovative product to address those needs in the solar power market.

Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased ROI it offers customers, which, in turn, increases customer acquisition and overall market penetration potential.

Frost & Sullivan's Best Practices awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.

About Global Solar Trading

Global Solar Trading is an authorized licensee responsible for the manufacturing, marketing and sales of Honeywell Solar Modules. Global Solar Trading creates solutions to improve people's quality of life worldwide by generating clean, renewable energy and using it more efficiently.

About Frost & Sullivan

As a Growth Partnership company, Frost & Sullivan collaborates with clients to leverage visionary innovation to address global challenges and related growth opportunities that could make or break today's market participants.

Frost & Sullivan's Growth Partnership supports clients by addressing these opportunities and incorporating 2 key elements driving visionary innovation: the Integrated Value Proposition and the Partnership Infrastructure.

• The Integrated Value Proposition provides support to clients throughout all phases of their journey to visionary innovation, including research, analysis, strategy, vision, innovation, and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible, including 360 degree research, comprehensive industry coverage, and career best practices as well as Frost & Sullivan's global footprint of more than 40 offices.

For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1,000; emerging businesses; the public sector; and the investment community.

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SOURCE Frost & Sullivan