What are the top 10 energy storage companies in Brazil?

Due to various incentives and policies, Brazil's optical storage market has seen a rapid growth. The document presents a comprehensive list of the top 10 energy storage companies including Baterias Moura, BYD, Freedom Won, Blue Nova Energy, Intelbras, Huntkey, FIMER, SMA Solar, Sungrow, and SolarEdge.

Is Brazil ready for utility-scale energy storage?

“The demand for utility-scale energy storage in Brazil is poised to grow exponentially as the country continues its transition to renewable energy and strengthens its grid infrastructure,” said Marcelo Rodrigues, Sales & Innovation VP of UCB.

Who is the largest battery supplier in Brazil?

BYD (002594.SZ) is Brazil’s largest battery supplier and has two factories in Brazil, producing lithium-ion batteries and solar modules respectively. BYD will start producing new N-type TOPCON photovoltaic modules in Brazil in December 2022, with a power capacity of 575W.

Where is Brazil's first commercial wind power & energy storage project located?

In March 2021, Acumuladores Moura and Baterias Duran jointly developed Brazil’s first commercial wind power + energy storage project and put it into operation. It is located in the state of Bahia in northeastern Brazil, with a total capacity of 1.5MW/3MWh, aiming to provide local Agricultural irrigation provides stable and clean energy.

When will BYD start producing N-type photovoltaic modules in Brazil?

BYD will start producing new N-type TOPCON photovoltaic modules in Brazil in December 2022, with a power capacity of 575W. The company is also investing in lithium assets in Brazil to promote the supply of raw materials for electric vehicles and has installed 1GWp of solar panels.

How much money is invested in inverter equipment in Brazil?

The total project investment is 1.7 billion Brazilian reals. As of the end of 2021, the company has achieved a cumulative installed capacity of inverter equipment in the global market exceeding 224GW.