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December 10,2024

Modernizing Brazil Power sector with Energy Storage systems

The Brazil energy storage sector will get the investment of $7 Billion dollars by 2030. The energy storage with Battery storage is known as Swiss Army Knife. It is expected that about R$ 14 billion will be investments in off-grid solutions capable of transforming isolated communities. The challenge lies that 55-70% tax goes to battery charging such a luxury good.

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