Dec 14 2010
GoSolarUSA reported that it has inked a letter of intent with the China-based Xiamen Solar Electronics for an exclusive distribution deal in North America. GoSolarUSA is especially interested in the Volt Technology of Xiamen.
The Volt is an external battery pack that can be attached to the Apple iPhone. It extends the battery life of the iPhone with the help of a USB cable, inbuilt solar panel, or AC power cord.
Xiamen is currently developing the Volt for application in the third- and fourth-generation Apple iPhones. As GoSolarUSA has signed the letter of intent, it will perform due diligence for a potential agreement to distribute the Volt Technology.
North America is the largest market for accessories used in Apple products. In the recent quarter, about 14.1 million iPhones have been sold in the region. As such, a large number of iPhones are now in circulation, the Volt battery pack has the capability to integrate solar energy with the daily lives of people in North America.
GoSolarUSA has also entered into a distribution agreement with the China-based Yosin, a company that develops the Peel 520 accessory used in iPod Touch media player of Apple.