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31 October 2024

SynMatrix and Heliartec Solutions Signed Exclusive Advisory Agreement to Expand BIPV Production in Southeast Asia

SynMatrix Consulting, Inc., a leader in strategic partnerships for sustainable technology development, has entered an exclusive advisory agreement with Heliartec Solutions Corporation, Ltd., a pioneering renewable energy company based in Taiwan. Effective September 19, 2024, the agreement grants SynMatrix exclusive rights to represent Heliartec in establishing a joint venture factory in Thailand, focused on advancing AEP BIPV technologies and production.

Through this partnership, SynMatrix will support Heliartec’s entry into Southeast Asian markets by providing comprehensive advisory services. SynMatrix’s role includes identifying potential joint venture partners, conducting due diligence, and guiding negotiations on Heliartec’s behalf. With extensive expertise in sustainable energy strategy, SynMatrix will advise on local business regulations, market conditions, and best practices, ensuring the venture’s alignment with regional standards and demands. The collaboration builds on a longstanding relationship between the two companies, formalized with a Non-Disclosure Agreement in December 2023, and reflects both parties’ commitment to expanding access to sustainable energy globally.

Heliartec Solutions brings significant experience in renewable energy technology to this venture, with advanced solutions focused on environmentally sustainable practices. By collaborating with SynMatrix, Heliartec seeks to enhance its production capabilities and accelerate technology transfer to new markets, particularly through innovative product development. The joint venture will enable Heliartec to meet growing demand in Asia for clean energy technologies, supporting a global shift toward greener, low-carbon economies.

The agreement outlines a flexible compensation structure, rewarding SynMatrix with success fees tied to the venture's revenue and potential equity options, reinforcing both parties’ commitment to long-term success. This exclusive advisory arrangement is expected to catalyze Heliartec's growth and promote sustainable energy solutions in Southeast Asia, underscoring both companies' leadership in renewable energy innovation and global sustainability efforts.

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