BayWa r.e. Solar Trade has signed an agreement to acquire Ribeiro Solar, a company exclusively focused on solar distribution in Brazil. This strategic move helps BayWa r.e. Solar Trade to establish its presence in the Brazilian solar energy market. Both BayWa r.e. Solar Trade and Ribeiro Solar share a strong commitment to clean energy and supporting solar installers.
Through this strategic partnership, they aim to advance the adoption of clean energy solutions. By leveraging Ribeiro Solar’s extensive market knowledge and vast installer network in the Brazilian solar sector, combined with BayWa r.e.’s worldwide solar distribution capabilities, they seek to empower solar installers with top-tier products, comprehensive training, and a robust service track record. This collaboration unites Ribeiro Solar’s established expertise with BayWa r.e. Solar Trade’s impressive track record of serving more than 17,000 solar contractor customers across the globe.
Ribeiro Solar, headquartered in the greater Curitiba region in southern Paraná, operates warehouse distribution hubs in Paraná, Rio Grande do Sul, and Pernambuco.
These hubs enable efficient storage, efficient inventory management, and timely delivery of solar products to customers throughout Brazil. With BayWa r.e.’s expansive global supply chain reach, Ribeiro Solar can tap into global-scale resources while maintaining its commitment to providing exceptional support to installers in Brazil.
“The expansion of BayWa r.e. into the Brazilian market compliments the company’s continued international growth,” said Frank Jessel, Global Director of Solar Trade at BayWa r.e. “Ribeiro Solar’s deep-rooted expertise and strong market presence will be instrumental in driving our success in Brazil, and we look forward to combining our strengths to accelerate the adoption of solar energy across the country.”
“We are very grateful for this opportunity to be a part of the BayWa r.e. team, a respected global player in the solar market. This partnership reflects our shared commitment to growth, innovation, and technical excellence, which in turn will benefit our valued clients. Together, we will make a greater impact in the renewable energy market, delivering enhanced value and sustainable solutions,” added Liciany Ribeiro, CEO of Ribeiro Solar.
