Renewable energies are gaining in importance due to rising electricity tariffs, falling equipment cost, and partially also due to changes in rainfall patterns that affect reservoirs of large hydropower plants, especially in Northeastern Brazil.
Many private individuals, SMEs, but also the agricultural sector are looking for cheaper alternatives to self-supply through solar energy. In part significant hurdles are again posing challenges for market entry in Brazil. A distinction must be made between structural obstacles and cyclical difficulties. But what are those, exactly?
In this episode, Markus Vlasits, director of NewCharge, takes a look at both the prospects of and the challenges for energy storage in Brazil.
Published: August 27, 2020
NewCharge Energy develops solutions for power generation and storage and provides solutions for customers in the agricultural, industrial and commercial sectors throughout Brazil. The work ranges from assessing the economic and technical feasibility, selecting suppliers, financial structuring, installation, operation and maintenance of energy storage systems. As Managing Director of NewCharge Energy, Markus has a long history in the photovoltaic sector - he was vice president of Q-Cells in Germany, executive director of Yingli Green Energy of Brazil and co-founder and commercial director of Faro Energy, an investment company focused on photovoltaic projects for commercial clients and industrial. He is Austrian and has lived in Brazil since 2012.