Deals Counterparts

Solmais to supply Luxpower and Must hybrid/off-grid inverters, Luxpower and Moura lithium batteries, and Sungrow BESS systems

Supply Agreement Storage announced Brazil Mar 12, 2026

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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Deal 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.
  • 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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