Author
Alessandra Neris
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Articles written by Alessandra Neris
Storage will be key to modernizing Brazil’s electricity sector
Brazil’s energy storage sector must attract R47 billion ($7 billion) in investments by 2030, according to the Brazilian Energy Storage Solutions Association (Absae). Stakeholders are in the process of creating a regulatory framework for energy storage.
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Deye announces Brazil battery factory, first outside China
Focused on making its equipment more competitive in Brazilian and other South American markets, Deye plans to start production of stationary lithium batteries in the first quarter of 2025. The products should be 30% cheaper than imported models. In a second phase, production of inverters will begin, generating more than 1,000 jobs.
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