Brazil to launch large-scale energy storage auction in 2025
- Admin
- Sep 16, 2024
- 3 min read
Brazil's Ministry of Mines and Energy plans to hold a capacity reserve auction for battery storage in 2025, aiming to promote battery technology and attract manufacturers like Huawei. The auction is to support wind and solar energy sources. Energy Minister Alexandre Silveira emphasizes the importance of using batteries to ensure energy security. Future auctions aim to double Brazil's thermal power capacity by 2031 to meet rising energy demand.
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