Battery makers bullish about Brazilian market
To map this transitional point in the Brazilian market, pv magazine spoke with Chinese battery manufacturers BYD, Deye, Dyness,
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.
In recent years, Baterias Moura diversified their product outside of automotive batteries, they produce UPS and energy storage systems. Sunred Energy Brasil offers cutting-edge products for various applications. This company actually originates from Shenzhen, China and expanded their business to Brazil.
Recently, they collaborated with a battery company from the UK, Echion Technology and built a factory in Araxa, Brazil. CBMM pushes the use of niobium as an important element in high-performance batteries and be one of the sustainable energy solutions.
Driven by various incentives and related active policies in recent years, Brazil's optical storage market has experienced strong demand, and its installed capacity has experienced rapid growth. Brazil added 8.2GW of distributed power generation capacity and 2.5GW of centralized power generation capacity.
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