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Livoltek invests R$70 MILLION in factory in Brazil with plans to create more than 600 jobs

Written by Ruth Rodrigues
Published 14/06/2024 às 20:02
Livoltek will open the first solar energy inverter factory in Latin America in Manaus, creating more than 600 jobs.
Photo: Livoltek

Livoltek will open the first solar energy inverter factory in Latin America in Manaus, creating more than 600 jobs. With an investment of R$70 million, production will begin in the second half of 2024, including lithium batteries and chargers for electric vehicles, also serving neighboring countries.

Last Wednesday, (12/06), the Livoltek, a member of the Hexing Group, announced the opening of the first solar energy inverter factory in Latin America, located in the Manaus Free Trade Zone (ZFM). With a significant investment of R$70 million, the company plans to create more than 2600 direct and indirect job vacancies. The inauguration ceremony is scheduled for July 24th, promising to bring together authorities, sector associations, integrators, press and influencers from the photovoltaic market.

New Livoltek factory in Brazil

Production at the new unit is scheduled to begin in the second half of 2024.

In addition to solar energy inverters, the investment in the Manaus Free Zone includes the manufacture of lithium batteries and chargers for electric vehicles, production of which should begin at the end of 2024.

Initially, Livoltek will import bodies, chips and other electronic components that are not manufactured in Brazil, while Printed Circuit Boards (PCBs) will be produced locally.

Brazilian market and export strategy

The new Livoltek factory, with 18 thousand square meters, aims to serve not only the Brazilian market, but also neighboring countries such as Argentina, Colombia, Paraguay and Peru.

In the long term, the company plans to expand its exports for the Europe.

As a result, Livoltek is considering offering inverters produced in Brazil at the same cost as imported ones, as the production stages are nationalized.

Liangzhang Zhou, chairman of Hexing Group, highlighted the company's long-term commitment to Brazil and, in particular, to Amazonas.

Zhou emphasized that Livoltek will only have standard incentives from the Superintendency of the Manaus Free Trade Zone (Suframa), without special treatments, reaffirming the company's commitment to sustainable development and the creation of new jobs in the region.

Livoltek is a Chinese company with factories in Indonesia and Africa, and operations in Europe.

With the new unit in Manaus, the company aims to consolidate its presence in Latin America, contributing to the expansion of the solar energy market and the transition to a cleaner and more sustainable energy matrix.

Job vacancies at the Livoltek factory

The opening of the factory represents an excellent opportunity for those seeking employment in the region.

With the creation of 600 direct vacancies and more than 2 thousand jobs indirect, Livoltek is committed to strengthening the local economy and providing professional development for the inhabitants of Manaus and surrounding areas.

The company will look for talent in various areas, from production to administrative and technical sectors.

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Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

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