Business · Companies · 6 hrs ago

Envision Energy weighs Brazilian factory for batteries and wind turbines

Envision Energy weighs Brazilian factory for batteries and wind turbines

Envision Energy is considering a Brazilian factory to make batteries and wind turbines.

The Chinese company says a decision would depend on whether the Brazilian government shows interest in local production.

It has pointed to tax incentives and import-duty exemptions as possible ways to support a gradual start.

Envision is relatively new in Brazil and has already agreed to supply 630 megawatts of wind turbines to renewable energy company Casa dos Ventos, using imported machines.

Brazil's wind industry has struggled with a prolonged slowdown, while the country is preparing its first auction to buy battery storage for the power system.

Envision is working with local partners on battery production to meet expected domestic-content rules for that auction, scheduled for December.

The company has not announced a factory investment, and says government support would influence whether it moves ahead.

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What people are saying

Marcello TrombelliEnvision director of solutions and institutional and government relations in Brazil
We are in constant contact with state and federal governments to demonstrate the solutions our technologies can bring to the Brazilian electricity system. We could already have our factories here, but they also need to show interest
via Folha
We are following the guidelines set for BESS (battery energy storage system), meaning it is expected that to participate in the BESS auction there will be a requirement for local content; we are following this strategy, working toward it, with local partnerships
via Folha