ML System Signs Strategic Partnership Agreement with Guardian Glass

ML System, the technologically most advanced company in the building-integrated photovoltaic (BIPV) market, signed a strategic partnership agreement with Guardian Glass, a global leader in the manufacture of architectural glass. Within the framework of this cooperation, ML System’s products will be offered in the counterparty’s sales network across the world.

“This cooperation will lead to the creation of product symbiosis and the coordination of projects based on Guardian Glass’ sales network and distribution channels and ML System’s technological potential in the areas of BIPV, specialized coatings and integrated structural solutions,” commented Dawid CycoÅ„, CEO of ML System.

“For ML System, this agreement opens up completely new opportunities, providing us with access to large architectural projects across the world, while Guardian Glass will benefit from supplementing its offering with innovative BIPV technologies in the advanced energy area,” added Mr. CycoÅ„.

“Our experienced team can now take a more holistic approach to projects and can help architects, glass cladders and façade consultants find the best product solutions for energy-generating facades, in terms of their power requirements, integration, aesthetics and matched with the best performance coated solar control glass. The appearance of these reliable, high performance BIPV solutions can be tailored to best match the visual expectations of projects.”, added Guus Boekhoudt, Vice President, General Manager Guardian Glass in Europe.

The drivers of cooperation between the two companies is, among other factors, the current regulatory environment and increasingly popular trends in the application of innovative building solutions and the use of advanced energy savings and generation. In January 2019, an EU Directive came into force to drive the large scale deplyment of Nearly Zero Energy Buildings (NZEB). The objective of this directive is to considerably lower the energy consumption of buildings while using to a very signinficant extent renewable energy produced on-site or nearby.

“Glazed building facades may serve as an excellent source of energy generation in addition to, as is currently assumed, their sole role of an architectural element. We see favorable changes in the approach of investors, particularly in Scandinavia and other highly developed markets, where the selection of innovative building solutions has become a natural approach”, emphasized Dawid CycoÅ„.

In the coming quarters, ML System will focus a large portion of its endeavors on the completion of the Quantum Glass project and the commencement of production, expansion into new foreign markets and further diversification of its sales channels. The objective for 2020, in addition to growth in sales, is to further improve profitability.

In 2020, the company intends to allocate approx. PLN 50 million to investment expenditures, predominantly those related to the Quantum Glass project, 2D Selective Glass

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