Solar distributor powers up to £20m+ turnover in first year
A national wholesaler of solar and renewable energy products has hit over £20m in turnover in its first financial year.
HDM Solar Wholesale has delivered more than 1m products across the UK, after investing in distribution sites in Hull, Dinnington and Bournemouth. The expansion has enabled the Hull-based start-up to partner with innovative manufacturers including Duracell Energy, Canadian Solar, Solax, GivEnergy, EcoFlow, Sunsynk and JA Solar.
The family business supplies commercial and domestic customers with a wide range of solar and renewable energy products such as solar panels, batteries and electric vehicle charging points.
Employing 49 staff across its head office and distribution centres, HDM Solar Wholesale has more roles planned as the company seeks to expand its reach across the UK and Europe.
Expanding its reach, HDM Solar’s sister company, Nordic Solergy, has established a strong presence in Europe, with significant growth throughout Norway.
Adam Firth, managing director of HDM Solar Wholesale said: “The last six months have been our most significant growth period yet, with over 3,000 products shipped daily, a growing customer base and new trade account revenue fuelling our success.
“During this time, we have also expanded our delivery capabilities by adding electric vehicles to our company fleet, which have already clocked up well over 50,000 miles. We’ve also installed solar panel systems at each of our sites – so we really do walk the walk when it comes to renewables.
“Being local to Sheffield myself, and having worked across Yorkshire, it’s been fantastic to bring such an amazing team together and create job opportunities in my home county. We have big plans for the future and remain committed to meeting the demand for solar energy by reshaping the industry with quality products, supporting more installers with their projects and providing great service to even more customers”.