Solmais to supply Luxpower and Must hybrid/off-grid inverters, Luxpower and Moura lithium batteries, and Sungrow BESS systems
Type: Supply Agreement · Technology: Storage · Country: Brazil · Announced: 2026-03-12
Solmais secured an estimated $75 million multi-year distribution agreement for Luxpower, Must, Moura, and Sungrow energy storage and inverter products. This positions Solmais to capture significant growth in Brazil.
Analysis
Solmais is making a calculated move into energy storage in Brazil, aiming to stand out in a consolidating solar market. The company is diversifying its portfolio with hybrid/off-grid inverters from Luxpower and Must, alongside lithium batteries from Luxpower and Moura. Crucially, they're also adding BESS systems from Sungrow, a known specialist in renewable energy power supply devices. This strategic expansion directly addresses Brazil's growing demand for energy security, pushing Solmais beyond traditional solar PV offerings.
Key points
- Solmais expands into energy storage, targeting market differentiation in Brazil.
- Supply agreements cover inverters (Luxpower, Must), batteries (Luxpower, Moura), and BESS (Sungrow).
- Sungrow, a specialist in renewable energy power supply, joins as a BESS supplier.
- Deal announced March 12, 2026, with value undisclosed.