MTR Invests R$ 80 Million and Expects Revenue of R$ 1.5 Billion to Become Market Leader in Latin America

Written by Roberta Souza

Published on 31/01/2023 at 19:31

Foto: Reprodução pinterest

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MTR Solar Will Invest R$ 50 Million in Product and Solution Development for Large Power Plant Projects

MTR Solar, a market leader in the distribution of equipment for mini-generation plants, will invest over R$ 50 million in product and solution development for large power plant projects. The company will also make additional investments to become the largest provider of solutions for large power plants in Latin America.

For the first half of 2023, the opening of offices in Chile and Colombia is planned, with the company already having an office in Mexico, staffed with sector specialists and selling equipment.

Billion-Dollar Revenue Projected by the CEO of MTR Solar

Thiago Rios, CEO of MTR Solar, states that: “The solar energy market has grown significantly in recent years, and particularly, GD MTR is investing in a research and development center so that the solution for structures increasingly aligns with the realities of projects in Brazil. One of the major launches in 2023 will be a new automation concept for the 100% national tracker, which will ensure greater stock availability and an increase in efficiency in the energy generation of photovoltaic plants. With all these actions and investments, our revenue projections for the 2022/23 biennium are approximately R$ 1.5 billion.”

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200% Growth Makes MTR Set Ambitions for Its Solar Equipment

In 2022, MTR invested in two joint ventures, resulting in the dedication of all production from the factories to the projects of the company, for the manufacture of fixed structures, trackers, and medium voltage skids, both with factories located in Juiz de Fora/MG. With a 200% growth in 2022, the company’s goal for 2023 is to generate business that reaches 1.5GW in solar equipment.

The company’s specialty is offering 90% of the equipment necessary for the construction of photovoltaic plants, using its expertise in the market to work with the best and most effective equipment available and having renowned sales consultants who provide consulting to recommend the equipment that best suits the client’s project.

To meet the demand for solar products and equipment that is expected to grow even more in 2023 and the coming years, MTR Solar has formed a partnership with Tamura. The partnership will allow for the supply of approximately 300 dry transformers for use in the solar energy area, which will meet the needs of the first quarter of this year. The deal involving an investment of R$ 30 million has the capacity to generate almost 300MW.

MTR Invests R$ 80 Million and Expects Revenue of R$ 1.5 Billion to Become Market Leader in Latin America

MTR Solar Will Invest R$ 50 Million in Product and Solution Development for Large Power Plant Projects

Billion-Dollar Revenue Projected by the CEO of MTR Solar

200% Growth Makes MTR Set Ambitions for Its Solar Equipment

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MTR Invests R$ 80 Million and Expects Revenue of R$ 1.5 Billion to Become Market Leader in Latin America

MTR Solar Will Invest R$ 50 Million in Product and Solution Development for Large Power Plant Projects

Billion-Dollar Revenue Projected by the CEO of MTR Solar

200% Growth Makes MTR Set Ambitions for Its Solar Equipment

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Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

Brazilian scientists are simultaneously advancing two research projects on clean hydrogen and driving solutions that could transform the energy matrix, enhance industrial competitiveness, and accelerate large-scale emission reduction targets.

Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.

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