Brazil is set to conduct the country''s first-ever energy storage auction for adding batteries and storage systems to the national power grid.
Brazil is set to conduct its first auction for adding batteries and storage systems to the national power grid, as reported by Reuters. The auction, to take place in June 2025, will include 300MW energy capacity purchase that could drive an estimated $450m in investments from winning bidders, according to consultants Oliver Wyman.
The Brazilian Minister of Energy and Mining has unveiled an auction for battery energy storage projects to be held in 2025. A public consultation regarding the auction should be launched in the coming days, as details regarding the capacity sought and the total amount allocated for the auction have not yet been disclosed.
Regarding the launch of the BESS auction in 2025, the Brazilian minister, Alexandre Silveira de Oliveira, said: “The purpose of the battery auction is to boost battery technology in Brazil and try to bring Huawei and other large battery producers, mainly from China and other countries, to be able to bring technology to Brazil.”
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October 18, 2024: Brazilian minister of energy and mining, Alexandre Silveira de Oliveira, has announced the country’s first large-scale battery storage auction to be held in 2025.
The Brazilian Minister of Energy and Mining has unveiled an auction for battery energy storage projects to be held in 2025. A public consultation regarding the auction should …
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Brazil published Law 15.296 on November 25, establishing a series of changes to laws in its electricity sector including guidelines for the regulation of storage systems, tax …
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Brazil is set to conduct its first auction for adding batteries and storage systems to the national power grid, as reported by Reuters. The auction, to take place in June 2025, will …
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