FoxESS Signs New Distributor Agreement with Solidus Techno Power for Nothern India

Within a few days after signing an agreement with South India’s distributor Redington India, FoxESS, a manufacturer of inverters and energy storage solutions, has entered into a new distributor agreement with Solidus Techno Power for Northern India.

As per the agreement signed, Solidus Techno Power will supply FoxESS’ solar on-grid inverters in the market.

Fox has been engaged in the development of inverter and energy storage solutions. It is part of a global conglomerate of renowned and recognised companies. A key shareholder is Tsingshan Group, a Fortune Global 500 company and the largest producer of stainless steel in the world. It has over 56,000 employees and annual sales revenues of USD 42.4 billion in 2020.

Solidus Techno Power has been promoted by leading solar industry professionals having vast experience in designing and erecting Solar PV projects. It is one of the leading solar distributors in North India known for its quality installations.

It is always at the forefront to adopt new technology and make it available to its customers. Solidus has arranged debt financing of Rs 50 million to expand into the product distribution business.