More and more Chinese companies are investing in the solar sector. Recently, manufacturer ZNShine Solar announced the signing of a 180 MW solar module supply contract with Renovigi.
According to the company, the objective is to develop a strategic partnership in the Brazilian solar market. “Renovigi Energia Solar is one of the largest distributors of photovoltaic energy systems in Brazil, with more than one million solar modules installed in the country. The company was elected by EXAME and Deloitte as the “Medium Company” with the highest growth in Brazil for two consecutive years”, said the manufacturer in a press release.
William Wang, CEO of ZNShine Solar, commented that the Brazilian market has been well regarded by the company. “Partnerships and commitment drive our business in Brazil. We have the technology, cost-effective products and best services to ensure customers' profit. We look forward to their future success as we continue to work together.”
“ZNShine Solar is a trusted partner with a leading position in product technology and financial health. The manufacturer was able to provide reliable and high-efficiency PV module products along with the customization we required. It will help Renovigi to deliver greater value to our customers and sustainable solutions for the Brazilian market”, said Gustavo Müller Martins, CEO of Renovigi Energia Solar.
In 2021, Znshine Solar created a capacity expansion of 10 GW of solar energy. The company plans to increase module assembly capacity to reach a total capacity of 12 GW by the end of 2021.
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