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:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

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…

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.

The public utility Eskom launches a tender to sell long-term solar electricity via PPAs, directly targeting industrial players amid continued pressure on national energy security.
The Norwegian group Scatec strengthens its position in emerging markets with a marked increase in revenue and its portfolio of projects under construction.
The consortium led by Masdar has secured approximately $1.1 billion in financing to build one of the world’s largest solar power plants in Saudi Arabia’s Eastern Province.
The European Bank for Reconstruction and Development is financing the modernization of Enerjisa Enerji’s electricity distribution network in the Toroslar region, affected by the 2023 earthquakes.
Vikram Solar will supply 250 MW of high-efficiency solar modules to the Bondada Group for a project in Maharashtra, with deployment scheduled to begin in fiscal year 2025–2026.
Meta secures its energy supply in South Carolina with a 100-megawatt solar project led by Silicon Ranch and Central Electric Power Cooperative. The site will support the group's future data center in Graniteville.
SolAmerica Energy secures a $100 million revolving credit facility with Deutsche Bank to support its distributed solar assets in the United States.
Diamond Infrastructure Solutions grants Third Pillar Solar exclusive access to its Texas reservoirs to evaluate the potential for 500 MW of floating solar as part of a $700 million investment.
The Jackson County Solar project, valued at 125 megawatts, is expected to generate more than $70 million in direct economic impact for local communities in Michigan.
Empower New Energy commissions a solar power plant in Egypt for L’Oréal, completing a direct investment structured without debt and strengthening its market entry strategy in the African industrial sector.
Looser eligibility rules for U.S. solar tax credits triggered an immediate stock surge, easing investor concerns about potential regulatory tightening.
TCL SunPower Global entrusts the distribution of its solar panels to Energia Italia, thereby consolidating its presence in the Italian market within a context of strategic restructuring.
Weakened by the exclusion of its solar panels from the U.S. market, Maxeon reports a sharp revenue decline and adjusts its financial structure under market pressure.
The Manah-1 solar project in Oman, with a capacity of 500 MW, was delivered by Shanghai Electric and has recorded a stable first month of operation, strengthening industrial and technical cooperation with Électricité de France.
Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.
Rezolv Energy won three contracts for difference totalling 731MW in Romania’s second auction, supported by public financing mechanisms for renewable energy.
Gentari has started construction at the Maryvale site, a solar project combined with a 409 MWh battery storage system, located in Central-West Orana and backed by a long-term public contract.
OX2 has obtained Australian environmental approval to build a solar and storage project in Muswellbrook, on a former coal site in New South Wales, marking a milestone in its industrial strategy in the region.
The International Finance Corporation finances ENGIE EnergĂ­a PerĂş to develop solar, wind, and storage projects, with performance indicators targeting efficiency and governance.
Tigo Energy exceeds 200GWh of reclaimed energy across more than 130,000 solar installations, with measurable gains for clients such as Pioneer Market in the United States.
Consent Preferences