Solmais to supply Luxpower and Must hybrid/off-grid inverters, Luxpower and Moura lithium batteries, and Sungrow BESS systems
Solmais is expanding its portfolio in the energy storage segment, offering hybrid and off-grid inverters from Luxpower and Must, lithium batteries from Luxpower and Moura, and BESS systems from Sungrow. This strategic focus on storage aims to differentiate Solmais in the consolidating Brazilian solar market and meet growing demand for energy security.
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Counterparts (5)
supplier
L
Luxpower
Sungrow
Sungrow Power Supply Co., Ltd. specializes in research, development, production, sales and service of power supply devices for renewable energy, mainly solar energy, wind energy, and energy storage. The company provides inverters and complete system solutions for utility-scale solar plants, commercial & industrial solar projects, and residential applications.
Moura
Brazilian battery manufacturer, part of Grupo Moura, specializing in automotive, industrial, and energy storage systems. With over 6,000 employees, it is a leading supplier of battery solutions in Latin America, including grid-scale energy storage systems.
S
Solmais
M
Must
Madrid-based independent infrastructure fund manager, founded in 2021, with €250M AUM, focusing on mid-market equity investments in energy transition, digital, transport, social infrastructure, and utilities, primarily in Europe.
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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.
- 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.
Timeline
Announced
Mar 12, 2026
Signed
Closed
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