BYD, headquartered in Shenzhen, is preparing to invest up to R$500 million ($98 million) in a battery storage system production line in Brazil, as the country moves towards its first federal network-scale storage auction. Alexandre Baldy, senior vice president of BYD Brazil, told Reuters that the company will decide in about 90 days if it adds the BESS line to its existing battery plant in Manaus or if it builds a new facility elsewhere in the c…
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BYD, headquartered in Shenzhen, is preparing to invest up to R$500 million ($98 million) in a battery storage system production line in Brazil, as the country moves towards its first federal network-scale storage auction. Alexandre Baldy, senior vice president of BYD Brazil, told Reuters that the company will decide in about 90 days if it adds the BESS line to its existing battery plant in Manaus or if it builds a new facility elsewhere in the c…