With well-designed policies and regulations, Brazil has significant potential to follow in the footsteps of jurisdictions like California and Chile for large-scale battery storage, Germany for distributed and large-scale storage, and Australia for both pumped hydro and large-scale battery systems.
Investment, incentives and taxation scenarios According to Brazilian law, there are no legal restrictions on direct foreign investment in the battery storage businesses or in the power sector (except in very specific segments or sectors of the economy).
Conclusion Although energy storage solutions have yet to be widely deployed in Brazil, generation flexibility remains a scarce commodity. Therefore, storage projects, including pumped hydro, could be the missing piece needed to enhance the country’s energy system.
Historically, the Brazilian electricity matrix has been based on hydropower. However, over the last two decades, the mix of installed capacity has changed significantly through the introduction of different energy sources.
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Customer ServiceExplore Brazil''s battery energy storage systems, focusing on current regulations, investment opportunities, and the role of these systems in the energy transition.
Customer ServiceA solar power container is a modular, transportable energy solution that integrates solar technology into standardized shipping containers or floating platforms.
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