FoxESS Signs New Distributor Agreement with Redington India
Inverters and energy storage solutions manufacturer FoxESS has entered into a new distributor agreement with Chennai-based Redington India.
June 14, 2022. By Manu Tayal
Under the contract, Redington India will supply FoxESS’ solar on-grid inverters, energy storage systems (ESS), along with lithium-ion (Li-Ion) batteries.
The agreement was signed between the two companies during the 6th edition of the comprehensive renewable energy event, RenewX 2022 held on June 10 and 11, 2022, at Hitex, Hyderabad.
Redington India was started in 1993 with the distribution of HP peripherals and continued adding newer Products/Brands to its portfolio, growing from 5 employees, 3 branches, 25 dealers and USD 2 million in sales in 1994 to 1800 employees, with a market penetration of 24 countries. A network of over 47,000 channel partners, facilitated by automated distribution centers.
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.
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