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China on grid hybrid inverter in Brasilia

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6 days ago · A local resident collects water from an outlet at a water desalination project funded by the State Grid Corp of China in the state of Rio Grande do Norte in Brazil. [Photo/Xinhua]

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Deye Inverter Founded in Ningbo, China, Deye has quickly risen through the ranks to become a prominent name in the hybrid inverter market.

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6 FAQs about Solar China on grid hybrid inverter in Brasilia

Is state Grid a Chinese company?

While State Grid is involved in power transmission in Brazil, State Power Investment Corp of China is producing power in the market. The company arrived in Brazil in 2017 and has since invested 14 billion reais in the country, according to Adriana Waltrick, the CEO of SPIC Brasil.

How will Brazil's new solar power project help the world?

In this case, the new project will meet the electricity needs of over 12 million people while supporting Brazil's green development goals, as it aims to guarantee the flow of renewable energy generation from the northeast region which is experiencing a boom in wind and solar power plants.

How many power-transmission projects has State Grid won in Brazil?

Since then, State Grid has won about a dozen power-transmission projects in Brazil. "Among them, the most noteworthy is the Belo Monte project that has been put into operation," said Wang. The 2,500-km Belo Monte ultrahigh voltage (UHV) transmission project, which started in 2014, was completed in two phases, both ahead of schedule.

How much will Brazil's new power plant cost in 2029?

"With an investment of 20 billion reais ($3.4 billion), the project will supply 5 million kilowatts of power to regions including the capital Brasilia and is scheduled to be put into operation in 2029," said Wang Xiaogang, chief technical officer at State Grid Brazil Holding.

How did SGCC acquire state grid Brazil?

After due diligence and arduous negotiations, SGCC successfully won the contract for approximately $1 billion for 100 percent of the equity in the seven companies. "In 2010, State Grid Brazil Holding Company was established, and the acquisition was completed," Wang said.

Does China invest in Brazil?

[Photo/Xinhua] Chinese investment in Brazil has grown significantly in recent years as bilateral relations have deepened. China's presence is especially felt in Brazil's energy and infrastructure sectors. A recent analysis by Brazilian digital media outlet Poder360 estimated such investment from Chinese enterprises alone has exceeded $51 billion.

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