Hanergy Thin Film Power announced its entry into Latin America region by venturing in Brazil. The company also has inked cooperation contracts worth USD 4.3 million with 15 companies from Brazil, Chile, and other Latin American countries.
Under the aegis of these contracts, Hanergy will cooperate with local partners in several aspects, including Building-integrated Photovoltaics products, the construction of thin film solar chip production lines, distribution of Hanergy mobile energy products like HanPack, Humbrella, HanPaper, and localisation of R&D for solar energy solutions. Hanergy signed a distribution contract with Brazil’s largest umbrella dealer, Greenhouse, for distribution of Humbrella, Hanergy’s solar umbrella product. Similarly, Hanergy also signed with the Information Technology Center Renato Archer, a research unit of Brazil Ministry of Science, Technology, Innovations and Communications, to develop the BIPV technology application in Brazil. Hanergy also reached an MoU agreement with Queiroz Galvao, a giant Latin American real estate and engineering conglomerate. Under the MoU, Hanergy will work with QGDI to explore Brazil and a greater Latin America BIPV market.
Lv Yuan, Vice President of Hanergy Thin Film Power Group, says, “We’re extremely delighted to make in-roads in Latin America region, more so, in Brazil. At Hanergy, we’ve accorded priority to the Latin America region as one of the key strategic markets for our global business. Further, signing of contracts with 15 partners in two months after the team arrived in Brazil, is just the beginning of Hanergy’s successful innings in the region. We welcome more local partners to join us for an exciting mission of changing the world with thin-film solar energy, and together build the era of mobile energy.” Hanergy is underway with its robust expansion plan in Latin America, and its decision to venture in Brazil is a testimony of company’s commitment to contribute immensely towards Latin America’s thin film solar market.