Bosnia's Hifa Oil opens unit for solar power plant equipment sales

Bosnia's oil products trader Hifa Oil has opened a unit for the distribution of equipment used in the construction of solar power plants, it said.

The new unit will operate under the brand Euro Solar and will deal in the sale of solar panels, inverters, structures for the installation of solar panels, solar collectors and other related equipment, Hifa Oil said in a press release last week.

Hifa Oil is the authorised distributor of solar panels manufactured by China's Longi Solar, as well as inverters produced by China's Huawei and Sungrow and Germany's SMA.

Euro Solar is a result of Hifa Oil's strategic decision to diversify its operations and transform from a classic oil company to an energy company, Kenan Ahmetlic, executive director of Hifa Oil, said in the press release.

Tesanj-based Hifa Oil distributes oil derivatives across Bosnia and Herzegovina. The company was founded in 2002.

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