Chinese manufacturer Phono Solar has signed a 20MW deal with Australian distributor REDSET as it looks to offset damage in the European market caused by ongoing trade dispute.
Under the terms of the deal Phono will provide a minimum of 20MW of PV modules during a three year period that REDSET will help distribute in the Australian market.
Phono called European anti-dumping measures an “opportunity” to explore and develop alternative markets.
“We are very happy that REDSET has become one of our key distributers in the Australian market,” said Julie Peng, regional manager for Phono Solar in Australia. “The cooperation with REDSET will greatly help Phono explore the Australian market and this will provide a good opportunity for the continued development of the company,” she added.
The two companies already cooperate, with the latest agreement strengthening ties between the two.
“With Phono Solar’s global business strength, REDSET customers can feel confident they are being backed with a guaranteed warranty,” said Ross Young, managing director of REDSET. “This means security for their customers and longevity for their business in Australian solar.”