Tindo Signs $8.4 Million Solar Export Deal with Vietnam Amid Rising Global Demand for High-Quality Panels

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Representational image. Credit: Canva

South Australian solar manufacturer Tindo Solar has signed a landmark five-year export agreement with Vietnam, marking the companyโ€™s largest international deal to date. Valued at $8.4 million, the agreement will see Tindo supply 15 megawatts (MW) of premium solar panels to major energy projects across Vietnam.

The deal was finalized with Thanh Do Australia, a subsidiary of Thanh Do Construction Group, which operates in infrastructure, real estate, and clean energy sectors in Vietnam. The first shipment of Tindoโ€™s 430-watt rooftop solar panels is scheduled to depart from Adelaide in June.

โ€œThis five-year agreement is a vote of confidence in Tindoโ€™s employees and in Australian manufacturingโ€™s ability to succeed at the premium end of a very competitive market,โ€ said Tindo CEO Richard Petterson. โ€œWeโ€™ve identified that markets like Vietnam, much like Australia, are willing to invest in higher-quality solar solutions.โ€

The panels are manufactured at Tindoโ€™s facility in Mawson Lakes, South Australia, and come with a 25-year product warranty. They are also cyclone-rated, ensuring long-term durability and resilience under harsh weather conditions. Tindoโ€™s panels recently topped a CHOICE consumer survey of 15 solar panel brands available in Australia, with the Karra 410W module being the only unit to deliver tested output exactly matching its nameplate rating.

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Petterson emphasized the environmental and performance benefits of high-quality solar products. โ€œStarting with quality gives you better power output and greater reliability over the years. That ensures more COโ‚‚ is offset over the product’s lifetime than is emitted during manufacturingโ€”an equation that the Vietnamese market understands well.โ€

The deal also reflects Tindoโ€™s broader ambitions to expand its manufacturing capacity as international demand for premium solar products grows. Tindo, which began operations in 2011, opened its current factory in 2021 with a renewed focus on engineering-led product development and research.

As Vietnam accelerates its transition to clean energy, the agreement with Tindo underscores the countryโ€™s growing appetite for technologically advanced and reliable solar infrastructure.


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