Moura teams up with China for battery auction – which may be bigger than thought
O Grupo Moura se aliou à chinesa CATL para produzir sistemas de armazenamento de energia em seu complexo fabril de Belo Jardim, Pernambuco, onde a empresa hoje fabrica baterias para veículos. A parceria entre a líder em baterias automotivas da América do Sul com a maior do mundo em sistemas de armazenamento acontece para atender […] The post Moura se alia à China para o leilão de baterias – que…
The Moura Group has partnered with Chinese company CATL to produce energy storage systems at its factory in Belo Jardim, Pernambuco. The partnership aims to meet demand generated by a government auction for electric battery projects scheduled for December. Over 6,000 projects with a total capacity of 296 gigawatts have been registered for the auction, which could be larger than initially expected, with some speculating it could reach 4 GW.
The Moura Group and CATL plan to use idle capacity at their factory and are discussing the necessary investment to supply the auction winners.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
