Brazil: Seraphim signs 300 MW agreement with Vertys Energy Group

Seraphim strengthens its position in the Brazilian solar energy market by signing a 300 MW distribution agreement with Vertys Energy Group, a major player in the distribution of renewable energies in Latin America.

Share:

Seraphim, a recognized player in the global photovoltaic sector, has signed a significant agreement with Vertys Energy Group, specialized in the distribution of energy solutions.
The agreement covers the distribution of 300 MW of solar modules in Brazil, a fast-growing market.
Vertys Energy Group, which has been active for over 20 years in the field of renewable energies in Latin America, will import and distribute N-TOPCon 585W bifacial modules and 610W rectangular cell modules, both recognized for their high energy efficiency.
This partnership comes at a time of strong demand for reliable, high-performance energy solutions in Brazil, where solar projects are multiplying on a large scale.
The modules supplied by Seraphim, incorporating innovative technologies such as multi-busbar, enable a significant reduction in energy losses while optimizing logistics space.

Strengthening Seraphim’s position in Brazil

The agreement between Seraphim and Vertys Energy Group represents a key step for Seraphim as it seeks to strengthen its presence in the Brazilian market.
Through this collaboration, Seraphim secures privileged access to a robust distribution network, optimizing the penetration of its products in a fast-growing market.
Vertys Energy Group, for its part, benefits from Seraphim’s technological expertise to meet the growing demand for solar solutions in the region. The Brazilian solar market, supported by favorable public policies, continues to attract significant investment.
This strategic partnership enables Seraphim to capitalize on this momentum, while offering Vertys the opportunity to diversify its product portfolio with high-performance modules.

Potential Impact on the Brazilian Energy Sector

The partnership between Seraphim and Vertys Energy Group could have a significant impact on Brazil’s energy sector.
Indeed, with the rapid growth of the solar market and increasing demand for sustainable energy solutions, this agreement is well positioned to support the expansion of solar capacity in the country.
Seraphim’s N-TOPCon modules, designed to maximize efficiency and minimize costs, are part of a strategy to develop renewable energies on a large scale.
For Seraphim, this agreement also represents an opportunity to strengthen its footprint in the region, while contributing to the evolution of the Brazilian energy sector.
Vertys Energy Group, by partnering with a renowned manufacturer, solidifies its position as a leading distributor in a rapidly expanding market.

Loblaw Group will deploy a 7.5 MW photovoltaic installation on the roof of its East Gwillimbury distribution centre, generating up to 25% of the site’s annual electricity and marking a new step for the Canadian logistics sector.
Savion, a Shell subsidiary, transfers majority ownership of five solar projects to Tango Holdings, 80% owned by Ares, to optimise the U.S. renewable electricity production portfolio and improve the profitability of the oil group’s investments.
Investment fund KKR is committing $335mn in a strategic partnership with CleanPeak Energy to accelerate the rollout of solar, storage and microgrid solutions aimed at Australian businesses.
Bluebird Solar is initiating a significant investment plan in Greater Noida to increase its production capacity to 2.5 GW and integrate automated lines powered by artificial intelligence.
TotalEnergies ENEOS has commissioned a 680-kilowatt photovoltaic facility at TechnipFMC’s Johor Bahru site, supplying 20% of the factory’s energy needs under an 18-year power purchase agreement.
Voltalia has been selected for the construction of two photovoltaic plants in Ireland, totalling 92.9 megawatts, further strengthening its presence in the country’s solar infrastructure market.
The latest report from the International Renewable Energy Agency confirms the cost superiority of renewables, but highlights persistent challenges for grid integration and access to financing in emerging markets.
EDP Renewables North America and California Water Service have entered into a 20-year agreement to supply solar energy to a strategic Bakersfield site, reducing grid energy costs by about $1.7mn over the contract duration.
Solar growth in the European Union is seeing its first annual contraction in ten years, following reduced subsidies and shifting budget priorities in several member states.
Scatec secures the development of a 846 MW photovoltaic cluster in the Free State province, with an investment of ZAR13bn ($735mn), following the seventh round of South Africa's REIPPPP programme.
Enbridge invests $0.9bn in a 600 MW solar facility in Texas, fully dedicated to powering Meta Platforms, Inc.'s data centres through a long-term power purchase agreement.
ENGIE has announced the acquisition of 22 distributed solar projects in Pennsylvania, further strengthening its renewable energy expansion strategy while supporting the local economy and enhancing the reliability of the distribution grid.
Estuary Power commissions the Escape Solar and Storage project in Nevada, integrating 185 megawatts of solar capacity and securing enhanced financing from institutional investors to supply electricity to several major players in the leisure sector.
New anti-dumping tariffs and Foreign Entity of Concern (FEOC) restrictions are disrupting the US solar supply chain, while ongoing dependence on China exposes the industry to significant risks, according to Wood Mackenzie.
Sri Lanka and the International Solar Alliance (ISA) have signed a strategic partnership to accelerate solar energy deployment in the country, aiming for 70% renewable energy by 2030.
Sunrun announced the pricing of its $431 million securitization, involving leases and power purchase agreements. This marks the company’s 14th public securitization and its third of 2025.
Resalta has completed the acquisition of Statkraft’s Croatian platform, expanding its presence in renewable energy across Eastern Europe, with a portfolio of projects and a full local team.
Gaia Renewables 1 has acquired a 10% stake in two solar power plants in the Northern Cape, following regulatory approval and financial close, strengthening its portfolio of independent assets.
Dutch firm Gutami Holding has signed a 25-year agreement with Burkina Faso and national utility SONABEL for a 150 MW solar project with 50 MW storage, valued at over €100mn ($109mn).
SOFAZ acquires 49% of a 14-plant solar portfolio held by Enfinity Global in Lazio and Emilia-Romagna, reinforcing its long-term stable investment strategy.