Phono Solar announced that it has signed a 100MW PV module supply agreement with Aldo Solar in Brazil. Under the agreement, Phono Solar will supply its TwinPlus Series highly efficient solar products to Aldo Solar, together give impetus to the development of Brazilian solar market.
In Brazil, where Phono Solar continues to grow its presence and market share, Aldo Solar is the choice when it comes to a recognized distributor of solar products. Phono Solar is delighted to share Aldo Solar with its innovative TwinPlus series solar modules, which utilizes 166mm and 182mm size wafer and multi-busbar technology. Phono Solar TwinPlus Solar module will help to secure outstanding product performance and reliability, meanwhile satisfying the customized need for module efficiency and power output in the LATAM solar market.
As Brazilian leading solar energy solution provider, Aldo Solar has been in the distribution market for almost 40 years, it supplies installers and project developers with quality products including solar photovoltaic modules, inverters, generators as well as technical support. "We have the distribution expertise in our DNA, and we are committed to being a hub for the largest manufacturers in the world. Based on the common values for innovation and product quality, we are glad to come together with Phono Solar, to bring solar panels of the highest quality and performance to Brazilians. We believe in growing and we will grow together in this way." Aldo Pereira Teixeira, founder and president of Aldo Solar commented.
Brazil has remained stable growth since 2017 and it overtook Chile as Latin America's second largest solar market after Mexico in 2019. According to Bloomberg New Energy Finance, Brazil's new clean energy investment has reached 9 billion USD in 2020, which tops in Latin America and it will probably continue an impressive growth trajectory and witness 4.9GW market newly added demand in 2021. "We entered Brazil market 7 years ago and have grown with it and our partners since then, Phono Solar always has eyes for the future, and we value every strategic partnership globally." Mr. Zhao Xingguo, president of Phono Solar said, "Phono Solar has always adhered to the customer orientation core value and is committed to creating value for customers in the cooperation of mutual growth and prosperity. We are happy to cooperate with Aldo Solar and together we will fulfill our mission of bringing more competitive and affordable clean energy to customers worldwide."