Fronius Advances in Its Global Market Expansion Project and Announces 230 Million Euros in Investments to Increase Inverter Production Lines

The Company Had Already Made an Investment of 187 Million Euros to Expand the Inverter Production Lines. Now, Fronius Is Preparing for Even Greater Investments, Aiming for Strong Growth in the Global Market.

After completing an investment of 187 million euros, the company Fronius has an even bigger plan for the global market. It will allocate investments of 230 million euros by the end of 2023 to expand inverter production. The goal is to expand capacity from 32,000 to 54,000 units per month by the end of the year in the global market. In this way, it will become even more present in the Brazilian industrial landscape.

Fronius’ Investment Plan Aims to Expand Inverter Production from 32,000 to 54,000 Units per Month in the Global Market

The company Fronius has an ambitious and strategic investment plan in the Brazilian market for the year 2023.

After completing an application of 187 million euros to expand its inverter production lines, it announced an additional 230 million euros in future investments for the coming months.

The company’s main objective is to expand production capacity from 32,000 to 54,000 units per month in the global market by the end of 2023.

“The investments are focused primarily on production capacity to serve the global market,” stated Andres Loaiza-Espinosa, CEO of Fronius in Brazil.

The executive also added insights about the future of investments in the company’s inverter production.

“Fronius Brazil is keeping pace with the group’s growth, but on a smaller scale. We expect to continue expanding our service to the local solar energy sector with differentiated products and Premium service,” he concluded.

For the Brazilian market, Fronius’ investments will be directed towards doubling the number of installed units, expanding from 150,000 inverters to 300,000 by the end of 2023.

Martin Hackl, Global Marketing and Sales Director of the Solar Energy unit at Fronius International GmbH, said that this increase in production is a result of high demand for the company’s products.

Fronius’ Subsidiaries Are Applying New Investments in Expanding Inverter Production Capacity Throughout 2023

According to the company, many of Fronius Solar Energy’s 25 subsidiaries are also reinforcing their structure aimed at market growth this year.

According to the company, this process of new investments in expanding inverter production could generate over 1,000 job opportunities throughout the year 2023.

Fronius Brazil has been expanding its infrastructure for technical assistance and service channels.

Thus, the investments are aimed at improving communication and services provided to inverter consumers.

The Brazilian solar energy market is currently one of the most profitable, and Fronius intends to take advantage of the boom to make investments in expanding inverter production even more profitable.

Get to Know Fronius

Founded in 1945 as a simple sole proprietorship, Fronius is now fundamental in the industrial market. Over the last three-quarters of a century, we have evolved from a regional workshop specializing in repairs to a Global Player. The beginning of our story is established by Günter Fronius, the company’s founder, who earns his living from repair work. Then comes the idea that triggers it all: trained in electrical engineering, he manufactures a device with which car batteries can be recharged and then used for a longer time.