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PHB records increase in revenue in 2020, says company co-founder

Even amid the Covid-19 pandemic, the company achieved 20% growth in profit

Even amid the Covid-19 pandemic, another company in the solar sector proved resilient and reported an increase in profits in 2020. According to the co-founder of PHB Eletrônica, Ildo Bet, the company achieved a 20% growth in revenue last year.

During participation in the podcast Solar Talk, the executive commented that they had good financial results, but made a reservation regarding the lack of photovoltaic equipment. “Our market was affected a little by the pandemic. These last two months have shown that the sector is not yet at full steam,” Bet pointed out.

“Once this shortage of products in the world, regarding modules, glass and aluminum, for example, we will be able to deliver in a much shorter timeframe”, he reported. “Currently, our shipping period is five days. The goal is to get to two,” he added.

According to him, what has been helping to alleviate problems related to deliveries is the company's new DC (Distribution Center), located in Barueri (SP). “This is bringing us a big difference in terms of having better logistics and delivering within a shorter period of time.”

482 Resolution

Another point highlighted by the expert throughout the podcast was the resolution 482. “The technical staff of ANEEL (National Electric Energy Agency) is on our side. The problem is political.”

“The [energy] distributors have their reasons, we have ours. I can say that, mainly, they didn't put our benefits on the bill. There was only one situation in which we use the wire and don't pay. I mean, it's not quite like that, right? We also have a lot of positive things for the planet, for the environment”, highlighted the co-founder of PHB.

The executive stated that his position regarding 482 is that the sector should wait a little longer for the solar penetration rate to be higher, at least 5% or perhaps even 10%.

“We are actively participating and cooperating with resources so that associations, such as ABSOLAR (Brazilian Association of Photovoltaic Solar Energy) and ABGD (Brazilian Association of Distributed Generation), for example, do their job”, he commented.

“The PHB is in favor of giving it more time as the rule stands today. This 'child' is crawling, has started to speak and is learning to write, so we have to let him become an adult”, she concluded.

Mateus Badra
About the Author
Mateus Badra

Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. He has been following the Brazilian electricity sector since 2020.

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