Armo Solar
A Bolivian photovoltaic solar energy solutions provider based in Santa Cruz, supplying and installing solar panels, inverters, and related components alongside engineering, energy-efficiency, and maintenance services for residential, commercial, industrial, and agricultural customers across Bolivia.
- Company typePrivate
- Founded-
- Headquarters—
- Headcount1–10
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Armo Solar does
Armo Solar is a Bolivian solar energy company headquartered in Santa Cruz, Andrés Ibáñez, founded in 2018 to deliver photovoltaic (PV) energy solutions across four customer segments: residential (Hogar), commercial (Comercial), industrial, and agricultural (Agro). The company supplies and installs standard PV hardware — solar panels (Paneles solares), inverters, chargers, and supporting accessories — bundled into vertical-specific solution packages, and describes itself on its website as undertaking engineering projects across the construction, energy, oil, and gas sectors in Bolivia. Complementary service lines include energy-efficiency consulting (Eficiencia Energética) and ongoing photovoltaic maintenance (Mantenimiento Fotovoltaico), positioning the company to capture some post-installation recurring revenue alongside its core project business.
The company operates a direct-to-consumer go-to-market model with sales generated through its website (armosolar.com.bo), where each segment page uses a 'more information' call-to-action and pricing is handled on a quote basis tailored to each project's specifications. Revenue is generated across three streams: hardware sales of PV equipment, custom installation and engineering services, and ancillary consulting and maintenance services. The website displays five enterprise customer logos — Total, Setar, Guembe, Formavet, and Agrosem — indicating commercial penetration alongside the long-tail residential and SMB targeting implied by the Hogar and Comercial segments. All operations are confined to Bolivia; no international footprint is disclosed.
Armo Solar is a micro-scale installation and distribution business, with a reported headcount of approximately 5 employees and no disclosed external funding, venture capital backing, M&A activity, regulatory actions, or leadership changes. No AI/ML capabilities, patents, proprietary technology, third-party certifications, or strategic partnerships are evident in the available material, indicating a commodity PV distribution and installation model rather than a technology-led platform. The website copyright indicates active operations through 2023, and ownership appears to remain private and independent.
Armo Solar firmographics
Firmographics- Name
- Armo Solar
- Legal name
- Armo Solar
- Website
- https://armosolar.com.bo
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- A Bolivian photovoltaic solar energy solutions provider based in Santa Cruz, supplying and installing solar panels, inverters, and related components alongside engineering, energy-efficiency, and maintenance services for residential, commercial, industrial, and agricultural customers across Bolivia.
- Ownership category
- akta.pro rank
Armo Solar industry classification
Industry- Product category
- Solar Energy Systems
- NAICS
- Solar Electric Power Generation (221114)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters) (EUAMABAE), Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts) (EUAMABAF), Solar Balance-of-System Components (Cables, Combiner Boxes, Switchgear, Transformers) (EUAMABAG)
Keywords
Armo Solar business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Solar Equipment Sales: Sale of solar panels, inverters, chargers, and accessories for residential, commercial, industrial, and agricultural applications.
- Installation and Engineering Services: Custom photovoltaic installation services and engineering project development for diverse sectors including construction, energy, oil, and gas.
- Energy Efficiency Services: Energy efficiency consulting and photovoltaic maintenance services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Armo Solar product offering
Product offeringCore offering
Armo Solar designs, supplies, and installs photovoltaic solar energy systems for residential, commercial, industrial, and agricultural customers in Bolivia. Its product portfolio includes solar panels, inverters, chargers, and installation accessories, packaged into four vertical solutions (Hogar, Comercial, Industrial, Agro), and complemented by custom engineering, installation, energy efficiency consulting, and ongoing photovoltaic maintenance services.
Product overview
Armo Solar is a Bolivian company providing photovoltaic (solar energy) solutions. Their product portfolio consists of core hardware products including solar panels (Paneles solares), inverters (Inversor), chargers (Cargadores), and accessories (Accesorios). These are organized into four vertical market solutions: Hogar (residential), Comercial (commercial), Industrial, and Agro (agricultural). The company also offers complementary services including energy efficiency consulting and photovoltaic system maintenance. The offerings are designed as an integrated system where solar panels capture energy, inverters convert it for use, and accessories support the installation, with services ensuring ongoing performance.
Differentiator
Problem solved
Functional benefit
Companies that use Armo Solar
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Armo Solar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Armo Solar partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights3 records
Armo Solar competitors and assessment
Company assessmentBroad incumbents
- Enphase Energy: Global leader in solar microinverters and MLPE — a key upstream input Armo resells. Comparable as a participant in the same distributed-solar value chain, with technology products Armo relies on but does not produce.
- Enel Green Power: Global renewables IPP with utility-scale solar and wind operations across South America (Brazil, Chile, Colombia, Argentina). Comparable as a large-scale regional renewable energy developer operating in adjacent LatAm geographies to Armo's Bolivia base.
- Trina Solar: Global Tier-1 solar PV module manufacturer supplying panels to EPCs worldwide. Comparable as a supplier in the same distributed-solar value chain and a potential OEM partner for an installer like Armo Solar.
- JinkoSolar: Largest global solar panel manufacturer by volume, serving residential, commercial and utility segments. Comparable as a mass-market panel supplier whose products flow through LatAm installers like Armo Solar.
- Canadian Solar: Vertically integrated solar manufacturer with project development arm operating utility- and distributed-scale PV plants globally, including in Latin America. Comparable both as a hardware supplier and as a developer competing for the same EPC-type contracts Armo targets.
- SolarEdge Technologies: Manufacturer of solar inverters, power optimizers and monitoring systems used in residential and commercial installations. Comparable as an upstream component supplier whose products Armo integrates; also offers own installer ecosystem in some markets.
- SunPower Corporation: Established solar panel manufacturer and installer with global residential and commercial operations. Comparable to Armo as an integrated PV hardware-plus-installation provider, though at vastly larger scale and with proprietary cell technology.
Direct peers
- Sunrun: Largest US residential solar installer offering turnkey panel systems, financing and maintenance. Operates the same business model as Armo's Hogar vertical (residential PV + service), though with embedded financing — a feature Armo lacks.
- Grenergy Renovables: Spanish-headquartered renewables developer with growing Latin American presence in Chile, Peru and Colombia. Comparable as a multi-segment (residential-to-utility) solar EPC expanding into LatAm underpenetrated markets.
- Solarpack: Solar PV developer and EPC operating across Iberia and Latin America. Directly comparable to Armo Solar as a regional utility- and distributed-scale solar EPC, but operating at significantly larger scale and with capital markets access.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Armo Solar social profiles
Digital presenceArmo Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Armo Solar leadership team
Management profileNumber of profiles
Armo Solar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Armo Solar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Armo Solar
What does Armo Solar do?
Armo Solar designs, supplies, and installs photovoltaic solar energy systems for residential, commercial, industrial, and agricultural customers in Bolivia. Its product portfolio includes solar panels, inverters, chargers, and installation accessories, packaged into four vertical solutions (Hogar, Comercial, Industrial, Agro), and complemented by custom engineering, installation, energy efficiency consulting, and ongoing photovoltaic maintenance services.
Is Armo Solar a public or private company?
Armo Solar is a private company. It is classified as unknown and is currently operating.
When was Armo Solar founded?
Armo Solar was founded in -1. It employs 1 to 10 people.
How does Armo Solar make money?
Three revenue lines are on record. Solar Equipment Sales are the primary driver. The others are installation and Engineering Services and energy Efficiency Services.
Who are Armo Solar's main competitors?
Broad incumbents on record are Enphase Energy, Enel Green Power, Trina Solar, JinkoSolar, Canadian Solar, SolarEdge Technologies and SunPower Corporation. Direct peers are Sunrun, Grenergy Renovables and Solarpack.
Does Armo Solar have an API?
No public API is recorded for Armo Solar.
What industry is Armo Solar in?
Armo Solar's product category is Solar Energy Systems. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMABAE, Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters). Its NAICS code is 221114.