Brazil seeks Chinese investment ahead of first large-scale battery auction

Brazil's Ministry of Mines and Energy is courting Chinese companies for its inaugural battery energy storage auction, which is expected to improve grid stability and renewable integration.From ESS News Brazil's minister of mines and energy, Alexandre Silveira, held bilateral meetings with Chinese energy companies such as Huawei Digital Power, BYD, and CATL during a recent government mission across Asia, which also included business stops in Indonesia and Malaysia. The ministry aims to attract international investment for its first large-scale battery auction, scheduled for later this year. Battery ...

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